Parents – Throw Your Kids a Money Life$aver!
If you’re part of this new generation struggling to stay afloat financially – or if you’re the parent of a high school or college student or recent graduate – then this book is for you.
Despite the urgent need for youth to learn how to safely navigate today’s choppy financial waters, high schools in only a few states in the U.S. offer a course in personal finance.
Don Bell, a retired educator, was compelled to address this critical educational gap. In his new book, Money Life$avers: What Teens Need to Know About Money, Bell created a compendium of essential money management advice for young people and their parents. The book is full of indispensable guidance that shows young men and women how to make smart money decisions and avoid common dangers that could threaten their financial futures.
“To prepare for today’s tough job market, many young people throw themselves into expensive, post-secondary education, largely financed by student loans. Upon graduation, they are held back by the twin anchors of debt and income insecurity,” Bell says.
“Even graduates lucky enough to land a good job are likely to discover that the lifestyle their parents achieved is almost out of reach. Employment benefits that used to be taken for granted, like job security, adequate health insurance and a pension, are disappearing quickly in this YOYO (you’re on your own) economy.”
Money Life$avers is a powerful tool for jumpstarting teens’ financial education. And because the topic of money can be dry, the book strives to make learning about money fun by employing quiz games, cartoons, colorful quotations and money trivia to reinforce its financial lessons. It also serves as a handy reference guide to financial terms. The book’s content is based mainly on two resources:
- Money As You Grow – 20 Things Kids Need to Know to Live Financially Smart Lives (developed by the President’s Advisory Council on Financial Capability)
- The National Standards in K-12 Personal Finance Education (developed by the Jump$tart Coalition for Personal Financial Literacy)
This book can provide a springboard for family discussions about money. For many young people, reading this entertaining and informative book could indeed be a money lifesaver.