How to improve Financial Literacy for teens?

How good, bad & ugly are teens getting influenced in learning about Financial Literacy today?

Many teens are not being guided to learn how to make, save, invest & give back money. This is a perfect example while a large percentage of teens ends up broke. I believe that since their tender age the parents have to guide their kids to learn about financial literacy because when they are older it could be too late.

Here are Top 3 Financial Literacy books for Teens –

1. Rich Dad Poor Dad for Teens – This book is an excellent introduction to the how and why of finance. Author Robert T. Kiyosaki has written this short book in clear concise language that cannot be misunderstood by the teen in your family.

2. Money Matters for Teens (15-18 yrs of age) – If you don’t take control of your money, someone else will. Why learn to manage your money? You don’t have that much anyway, right? Wrong!

3. The Motley Fool Investment Guide for Teens – The Motley Fool has made investing fun and easy for millions of people. Now, it custom designs its wit and wisdom for today’s money-savvy teens.

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