April is Financial Literacy Month, and each year, we take this as an opportunity for us at Bookstr, to make sure we support our book lovers when it comes to educating on finance. Here is your official list of books for better money days — beginner edition! Everyone should have access to financial information and that begins when you’re young. So without further ado, let’s get into it!
Our first book recommendation to help you start saving those bucks is part of Erin Lowry’s Broke Millenial series. In this installment, Lowry helps guide her readers to begin taking action when it comes to money. Whether you’re a high schooler or in college, or just getting into work-life, this is a great time to take ownership of your money and life, and Lowry lays down how to do it. Through smart, real-life examples, her readers will begin to understand their relationship with money and how to have transparent conversations around money with their nearest and dearest.
2. Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence by Vicki Robin and Joe Dominguez
Some things are best explained through actionable steps and that includes bettering our relationship with money. In nine, straightforward steps, Vicki Robin and Joe Dominguez is THE go-to book on money and financial management. A classic (in the how-to genre), Robin and Dominguez teach us valuable information that we need to know about managing our money: things such as how to start saving, creating good habits around money, and creating your own personal wealth — they’ve got it all. It’s a great guide that is clear and concise that will help teens and young adults better understand money.
3. Why Didn’t They Teach Me This in School?: 99 Personal Money Management Principles to Live By by Cary Siegel
Cary Siegel’s book on money management is something that I’m sure all of us are bemoaning about when it comes to practical high school lessons. This book started as a guide that Siegel developed for his own children and was later published for other young people just beginning to get curious about money and finance. In a short and easy form that anyone can read, Siegel shares with us the practical lessons around money and savings that would also make a wonderful gift for the high school grad in your life.
4. Building Financial Habits: A Teenager’s Quickstart to Financial Literacy by F.C. Ramirez
F.C. Ramirez’s book is considered an introductory course to the world of better financial days. Ramirez puts power into the hands of teenagers, equipping them with the knowledge that they need to know early in the money game. It doesn’t matter that you’ve yet to leave for college or your parents’ house — financial literacy is a right that everyone should have early on.
This is a girl’s guide to expanding your wealth! Simran Kaur’s book is bridging the gap in our access to financial literacy. Like all the other authors on this list, Kaur teaches women how to invest their money in a smart way that can be their path to independence. Any young woman (and older) needs this book on their shelf to bridge that gap and learn that women are capable of becoming powerhouses in the stock market too.
6. Money Skills for Teens: A Beginner’s Guide to Budgeting, Saving, and Investing. Everything a Teenager Should Know About Personal Finance by Ferne Bowe
As the title suggests, Ferne Bowe’s book outlines a beginner’s guide to all the capstones of financial literacy that every teen and young adult needs to know. It’s a guide on saving, investing, budgeting, and managing all in one book that is also accessible. To Bowe, when it comes to educating the youth on money and finances, ‘now’ is the right time.
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