| Focusing on young adults from 16 to 25 years old, this volume explains personal finance issues and introduces the fundamentals of topics such as loans and credit cards, how to find money for college, savings programs, debt, insurance, and taxes. It also explains benefits, banking, avoiding bankruptcy and other problems, job searches, and how investments work. Exercises, charts, and worksheets are included. There is no index. Arrowood, a former financial advisor, develops training materials for the field. Annotation ©2007 Book News, Inc., Portland, OR (booknews.com) |
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| With the Internet, peers, and flashy television ads tempting teens and recent college grads to spend, spend, spend, this new book might be just what they need. Arrowood covers everything from handling credit to doing taxes in clear and easy-to-understand language. Quotes from teens, recent graduates, and their parents are included in each chapter so that the reader not only hears the author's views but also many others. Arrowood uses a pair of fictional twins who are alike in many ways (same income, same major, etc,) but very different in their spending and investing habits to illustrate a variety of situations. For example, sixteen-year-old Alex saves $112 a week, whereas Phoenix saves only $45. Arrowood explains how at age sixteen, it might not be a big difference, but as time goes on, a penny saved is truly a penny earned. To further challenge the reader, there are thought-provoking exercises included at the end of each chapter. Although only the most financially minded teens would pick up this resource on their own, it would be a great tool for classroom use. For this reason, it is highly recommended for school libraries but only suggested for public libraries where there is a demand for this topic.-Shari Fesko $22.95 Trade pb. ISBN 978-1-57886-410-2. Charts. Appendix. 4Q 2P S A/YA Copyright 2007 Voya Reviews. |
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