Millennials get a lot of vitriol for being, well, Millennials. And may it be because they spend too much money on vacations that they need or drink too many lattes that they can’t simply afford, Millennials have been a subject of critique by their betters.
Consumerism is the name of the game for the younger generation. Businesses make it a point to market all their products, subject to freshness of ideas to tailor fit the soul of the era, so as to accumulate handsome profits. What the book, “Financial Literacy for Millennials: A Practical Guide to Managing Your Financial Life for Teens, College Students, and Young Adults” does is that it gives one a certain brand of awareness. The material takes it up a notch by placing it at a national level, making the issue of consuming more than a Millennial can handle of grave importance.
The book is practical in that they give grounded day-to-day financial situations. It goes at length to discuss traditional personal finance topics which includes but are not limited to, budgeting, credit, debit, saving money, and investing in worthwhile financial ventures. The book makes it a point to specify the following advantages to its readers:
- Provide a deep comprehension of the structure of the U.S. Economy
- Be privy to the wisdom of consumer finance and its eventual planning that would allow the younger population so that they may be able to make informed decisions in their lives
- How to save money and invest wisely and altogether eliminate loans and debts
- A recapitulation of all major points
Readers agree that “Financial Literacy for Millennials” is thoughtful in the planning of finances, disciplined and ultimately defines one’s financial maturity. It’s a principled and purposeful book, full of useful tips and tools of the trade, so that one can survive the vast and always triumphant consumerist landscape.
About the Author
Andrew Smith is a multi-faceted individual serving as a financial advisor, trustee, and a licensed attorney who has served several financial firms like trust funds, estates, investment partnerships, insurance trusts, and private individuals.
Table of Contents
- Prologue: A Tale of Two Teens
- ONE: Financial Planning
- TWO: Careers
- THREE: Business and Entrepreneurship
- FOUR: Savings and Banking
- FIVE: Budgeting and Spending
- SIX: Credit and Debt
- SEVEN: Bankruptcy
- EIGHT: Investments
- NINE: Avoiding Financial Scams
- TEN: Insurance
- ELEVEN: Taxes
- TWELVE: Government Benefits
- THIRTEEN: Legal Issues
- FOURTEEN: Growing Older
- Appendix 1: Website Content
- Appendix 2: Takeaway Tips
- Appendix 3: Curriculum Planning