Suggestions for teenager's finances? - Mothering Forums

Forum Jump: 
Thread Tools
#1 of 4 Old 02-25-2013, 09:37 AM - Thread Starter
tresleo's Avatar
Join Date: Mar 2004
Posts: 2,577
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)

My fifteen year old has had a job since the fall, he's been putting half of his paycheck in savings and spending the other half through the week - food out, video games. I would love to have some books or websites to point him to, so he can get some financial info from someone other than me. He's a smart kid, he actually does listen and hear what I say, and he was interested when I told him I'd get him some books on the subject, I'd just like for him to be exposed to some financial concepts I didn't learn until I was an adult, made some mistakes, etc. I think it will help him own his choices a little more, and expose him to financial ideas earlier in his life that can be beneficial. 


I guess I'm looking for simple budgeting, managing and investing information - books or websites, that could apply to a young adult. 



tresleo is offline  
Sponsored Links
#2 of 4 Old 02-25-2013, 09:58 AM
mamabear0314's Avatar
Join Date: May 2008
Location: Texas
Posts: 1,278
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 9 Post(s)
Is financial peace Jr too young for him? Depending on maturity he could maybe read the adult version too. Or find some fun personal finance blogs?

Single, student mama slingboy.gif to 3 boys jumpers.gif 


homeschool.gif saynovax.gif signcirc1.gif bfinfant.gif femalesling.GIF familybed2.gif h20homebirth.gif 

mamabear0314 is online now  
#3 of 4 Old 02-25-2013, 12:04 PM
alaskanmomma's Avatar
Join Date: May 2011
Location: Anchorage, AK
Posts: 947
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 0 Post(s)

That's awesome he's already getting into saving thumb.gif I remember being his age and my paychecks would be gone before I could go deposit them lol. 

Since he's 15, I'll assume he's in high school? If he's more into hands on learning, many high schools have economics classes(and sometimes they are requirements...) and different types of life planning classes that touch a lot on finances, and so do the colleges if those aren't options :) I -personally- learn better by being exposed and hands on, so classes work great for me, but if he's a book type of guy, there are a lot of good books out there :)

Wife to DH dh_malesling.GIF(12.10.2009), Anchorage based doula joy.gif, Proud mama to Autumnblahblah.gif (09.03.2008), Sylas bouncy.gif(04.25.2010), angel1.gif(06.11.2012), Callioperainbow1284.gif(04.23.2013)

alaskanmomma is offline  
#4 of 4 Old 03-10-2013, 03:33 PM
Join Date: Nov 2012
Location: USA
Posts: 615
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 68 Post(s)

The Rich Dad series is very well-written and has many books on various financial topics. They are usually available through a library since they are so popular (frugality!)


One of the best things he can learn to start is how the banking system works and how the stock and bond market works. Then he can make a choice about how or if he wants to participate in those systems rather than just follow the crowd.

pumabearclan is offline  


User Tag List

Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page

Forum Jump: 

Posting Rules  
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off