Financial Literacy for Millennials: A Practical Guide to Managing Your Financial Life for Teens, College Students, and Young Adults

Hardcover

ISBN 10: 1440834024 ISBN 13: 9781440834028

Publisher: Praeger, 2016

A modern primer on consumer finance and personal money management intended for readers aged 15 to 30, this guide can also serve as a primary text for high school, college, or adult education courses on personal finance.

· Provides an understanding of the structure and institutions constituting the U.S. economic system

· Shares knowledge about consumer finance and financial planning to enable young people to make better choices in their lives

· Shows how to save and invest prudently and use debt wisely and effectively

· Prepares millennials for the financial impact of life events so they will be empowered to take control of their financial futures

· Includes a series of tips that summarize the important lessons from the book

About the Author:

Andrew O. Smith, MBA, JD, is a trustee, financial advisor, and licensed attorney who has counseled trust funds, estates, investment partnerships, limited-liability corporations, insurance trusts, real estate partnerships, and individuals.

Review:

"[T]he book is comprehensive in its coverage of every element of financial planning for a young person living in the United States. . . . [T]his book would be a strong textbook for a financial planning class in high school or college where a teacher could supplement the text with some guidance. Teachers will also be able to use Smith's website (financialliteracyformillennials.com) with lesson plans and quizzes to save time and effort in trying to find these resources elsewhere." - BRASS Business Reference Sources [RUSA]