Personal Finance for Teens & Young Adults

Life Skills Not Taught in the Classroom: Maximize Understanding of Banking Basics, Budgeting & Money Management

By: CJ Douglas

Narrated by: N.W. Edwards

Length: 3 hrs and 21 mins

Publisher's summary

Why most of the people you know will never become financially independent

Ever wondered why close to 70 percent of the country’s wealth goes to 10% of the population?

Want to know what mistakes keep the bottom 90 percent from becoming rich?

Looking for tips on how you could become part of the top 10 percent?

If you’re listening to this, chances are you already understand one of the sadder truths about today’s education system.

Now, this has got nothing to do with the teachers. In fact, it’s got more to do with the students.

Here’s why:

That statistic above—10 percent of the population owns almost 70 percent of the wealth in America—it’s not just some made-up number copied off some random site.

It’s from a report published by the U.S. Federal Reserve.

Now, when most people see that number, they tend to think it’s “unfair.” That the financial system is “rigged.”

And that’s exactly why 56 percent of the population don’t have enough money to cover a $1000 emergency expense, according to CNBC…why 45% of six-figure earners are still living paycheck-to-paycheck…and why the bottom 90% regularly own less than a third of the nation’s wealth.

It’s a problem that goes much deeper than the financial system… or the education system… or pretty much any system there is. And it all comes down to one common fact:

Herd mentality.

Think about the difference between you and your classmates. Most people you know are doing what everyone else is doing — taking the same standard courses and studying for the same standardized tests. That’s why you’re reading this and they’re not.

Because you’ve realized that doing what’s “standard” only leads to standard results. Like a standard job. Making standard money. Living a standard life.

And if you don’t want to be just standard… if you want to become part of that top 10 percent...that means doing what 90 percent of the population won’t.

That’s where this book comes in, and what makes this particular personal finance guide so different from all the rest. It covers tips and bits of information that go beyond what they teach in school, like simple wealth-creation strategies that even adults know nothing about.

Here’s a quick look at what you’ll discover inside:

• The key difference between being rich and being wealthy, and the 5 habits that can help you build a solid base of wealth, even if you’re barely 19
• The simple formula that can help you figure out how to double your money with just a few minutes of mental math
• The two financial traps that even rich people fall for, and how you can avoid them altogether
• How inflation “strangles” your savings and dreams of retirement, and what you can do to stay ahead of the curve
• What to look for when picking a savings account

©2023 CJ Douglas (P)2023 CJ Douglas

Exceptional

Personal Finance for Teens & Young Adults is an exceptional audiobook that delivers crucial life skills often overlooked in classrooms. The content is masterfully organized, turning complex financial concepts into easily understandable lessons. Real-life examples and practical strategies provide relevance, ensuring that listeners can confidently apply the knowledge to their own situations.The narrator's engaging voice makes learning a pleasure, catering to both novices and those with some financial understanding. What truly sets this audiobook apart is its focus on life skills beyond numbers – it cultivates responsibility and empowerment when it comes to managing finances. It's an invaluable guide that every young adult should have to build a strong financial foundation.

AN EDUCATIONAL RESOURCE!

This audiobook is worth listening to, especially for young people interested in handling their money, this book clearly explains all the strategies for saving money. I hope it will be very helpful for the youth as it will play a role in achieving their goals. I personally learned a lot from this book and recommend it to everyone out there.

Value Information

The narration is clear, engaging, and easy to follow. The narrator's tone strikes a balance between being informative and relatable, which is essential for the target audience of teens and young adults. The pace is consistent, allowing listeners to absorb the information at their own rate without feeling rushed.
This audiobook equips its audience with practical knowledge, enabling them to make informed decisions about money from an early age. By emphasizing budgeting, banking, and essential money management, the audiobook empowers young listeners to navigate financial challenges confidently. The inclusion of real-life examples and scenarios further enhances the relevancy of the content.
"Personal Finance for Teens & Young Adults: Life Skills Not Taught in the Classroom" I highly recommended the audiobook for its informative content, approachable delivery, and relevance to its target audience. It lays a strong foundation for teens and young adults seeking financial independence and success.

Highly informative and easy to understand!

If you are looking to learn more about finance and how you can use it to improve your life and your future, this is the book to read! CJ Douglas goes into great detail about how to make the most of your bank, pay check, and financial future! This book contains a ton of great advice and has a lot of practical examples that anybody, not just teens can use.

The narrator also did a great job keeping me engaged and was very easy to listen to. Great book!

Definitely recommend!

Financial Freedom

Tremendous resource for young people tp understand finances. From choosing the right checking account to understanding budgeting, the author has done a fabulous job of making it all applicable. Very well written and so in depth, even including how to manage credit cards and cash apps.

Take Control of Your Finances and Save

Personal Finance for Teens & Young Adults is an essential tool that every young adult should have as they start their financial journey. This book offers valuable life skills that aren't taught in the classroom, including banking basics, budgeting, and money management. Inside, you'll discover the difference between being rich and being wealthy, and the five habits you need to build a solid foundation of wealth, even if you're just nineteen. With a simple formula, you'll learn how to double your money with just a few minutes of mental math. Plus, you'll also learn about the two financial traps that even rich people fall for, and how to avoid them altogether. Additionally, this book explains how inflation can impact your savings and the importance of staying ahead of the curve. Lastly, you'll find tips for picking a savings account that suits your needs. Overall, Personal Finance for Teens & Young Adults is a must-read for anyone looking to take control of their financial future.

Awesome introduction to the basics of finances

This book is a great resource for young people and adults alike to better understand financial literacy. The book provides easy to understand concepts and real life examples to help manage and save money. The book is informative and filled with resources and tips that can be applied easily and immediately. Every parent should encourage their teen to listen to this audiobook before going off to college or moving out on their own.

Sound And Useful Advice

This audiobook would be great for any teen looking to learn more about handling their money. It covered important things like setting up a savings account, making a budget, and avoiding impulse spending. The information on how credit cards work is so important for young people to learn. Honestly, there was a lot of advice that I wish I knew when I was younger. It's definitely worth a listen to get a head start on finances. Would make a great gift for a teen in your life.

Invaluable life skills

The "Personal Finance for Kids and Young Adults" audio book deserves nothing less than a stellar 5-star rating. This auditory masterpiece is an invaluable tool for instilling essential financial knowledge in the younger generation.

The narrator's engaging tone and clear articulation make complex financial concepts easily understandable. The content is structured in a way that resonates with both kids and young adults, ensuring a comprehensive grasp of money management.

What truly sets this audio book apart is its practical approach. The book doesn't just deliver information; it equips young listeners with actionable steps to make informed financial decisions. From saving strategies to understanding credit, each chapter provides invaluable life skills.

A nice resource to teach your teenager about finances

I have a teenager and to me is very important to teach her how to use money wisely, so I got this audiobook. The book covers so many important topics. For example, budgeting strategies that are very practical and easy to implement, I liked that she provides the pros and cons of each strategy and recommends some apps for budgeting. This information will be very easy for my daughter to understand and choose what works for her. After listening to this audiobook I feel more prepared to teach my daughter how to have better finances.