Investment Properties

Any good sources for finance/investment tips for teens and young adults?

Not only am I interested in this myself, but my boss has asked me to start compiling some helpful information regarding this. She wants to start a program that will help young people become "financially literate". I'm just having trouble finding some good material to use in a packet. I have a couple things like a budget calculator sheet and some tips to stay in budget, but I need some info on investment and financial planning.

Public Comments

  1. contact a broker like edward jones and they will give you more reading material than you care to read!!!
  2. Financial knowledge is truly important. The first step is to understand the real difference between an asset, a liability, and an expense. An asset is something that puts money in your pocket again and again, like if you own a rental property and you're making aprofit from it. The home that you live in is not an asset. It takes money from you and it doesn't give you anything back. Unless you sell it and buy a smaller one. But you would have to calculate all the money which you spent on it, which are called expenses. If you are really interested, go to smashwords.com and check out this book: It's Your Turn to Be Rich. If you are not willing to spend money on it, you can always read the first 35% pages for free. There are many cases where financial education is more important than the education you get out of college. That's why Bill Gates dropped out of college. People who are financially literate know how to turn a simple idea into a multi million-dollar opportunity. They don't depend on a college degree to make money. You're on the right path, friend. My best advice to you is to always keep on searching for information about finance.
  3. I would recommend reading some Suze Orman, specifically her book, "Young, Fabulous and Broke"
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