Last month I asked the question of what personal finance book to get a high school graduate. I posed the question on my blog, at yahoo answers, and on the Money Blogger Network forums. I got plenty of quality responses. Here are some:Jason Kelley’s “The Neatest Little Guide to Personal Finance”
Henry Hazlitt’s “Economics in One Lesson”
“The Only Investment Guide You Will Ever Need” by Andrew Tobias
“The Millionaire Next Door”
“The Wealthy Barber”
“Rich Dad, Poor Dad”
Suze Orman’s “Young, Fabulous, and Broke”
“Who Moved My Cheese” by Spencer Johnson
Thanks for all your contributions. However, we decided not to get a book. Mainly because I just didn’t find one that specifically addressed high school graduates’ personal finances. I find this very telling; How many of us come out of college with plenty of personal finance problems and poor habits? What if we’d spent those collge years armed with quality directed advice on our personal finances. I actually see this as an opportunity to write a good book on the specific topic. I bet there are some other ways, like blogs, that high school grads are getting good info from. I know there’s youngmoney.com. Anyone know of any other resources?
We also decided not to get a book because we thought of two better gifts and decided to stop at two. The two gifts we ended up getting him were:
• $50 gift card to Walmart. We gave this instead of cash, so that our contribution wouldn’t get spent frivolously on fast food or arcade games. We hope he uses it to purchase supplies for his college apartment.
• $50 gift of savings from our ING Direct Orange Account. This is a wonderful tool provided by ING. All you have to do is make a referral and select the gift option. We hope this will get him headed down the path of healthy savings.
Well, I’m off to start my future best-selling book entitled, “The High School Graduate’s Guide to Personal Finance.”
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I wish I saw this sooner. I reviewed Debt is Slavery for the publisher and wrote specifically in the review that I thought it was good for younger folks in high school because it cautions them about spending and going into debt and how much it’s a burden.
If you want, email me and I can send you the link. I don’t want to be a link spammer on your comments.
Thanks for the comments. I’ll post a link to your site on my blog and I’ll be sure and check out your review of that book. Thanks, again!