![]() It covers everything from making your money work for you, living below your means, tracking and protecting your wealth, to having a retirement plan. ![]() While it provides some important financial advice, the story's simplicity makes it fun and easy to read. The teachings in this book may be old, but they are timeless and can be applied to teenagers planning to venture into the world independently. This book takes a practical and non-judgement approach to money management to help teenagers get control of their finances and not the other way around. This is a great beginner's guide to all things money. I Will Teach You To Be Rich (2nd Edition): No guilt, no excuses - just a 6-week program that works by Ramit Sethi (Yellow Kite, 2020) There are also helpful worksheets, tips for dealing with emotions, and practical budgeting and record-keeping techniques. This book guides teenagers through the different aspects of money management, using examples and testimonials that young people can relate to. Reading a bookįinancial basics: A money-management guide for students by Susan Knox (Ohio State University Press, 2004) Here are six money management activities to help teenagers develop financial independence as they get older. The sooner your teen starts putting their money management skills into practice, the more time they'll have to develop them while still under your guidance. Money management activities can help reinforce what you teach your teenager about money and what they are learning through resources like GoHenry's Money Missions. Good financial habits take time to develop. Benefits of money management activities for teens
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