Review of The Financial Teen: Why Teens are Financially Lucky

[João Ramos]

[Following is an official OnlineBookClub.org review of "The Financial Teen: Why Teens are Financially Lucky" by Leo LaRocque.]

---

5 out of 5 stars

---

Share This Review

---

The Financial Teen: Why Teens are Financially Lucky by Leo LaRocque is an essential guide for young individuals eager to master money management. This insightful book delves into budgeting, financial psychology, and effective money management strategies, emphasizing teenagers' unique advantages in shaping their financial futures. LaRocque argues that wealth is attainable with the proper knowledge and habits, encouraging teens to take proactive steps toward financial independence. The book aims to empower teens to grow their wealth and avoid common pitfalls by demystifying misconceptions about money. With practical advice on cultivating a wealth-attracting mindset and building good financial habits, this book sets the stage for a prosperous future.

What I liked most about this book is that the author intelligently addresses what is most necessary for those who want to progress financially: discipline and time for investments to mature. The author does not present any miraculous get-rich-quick formulas or exclusive content. The book's main asset is that it presents all the essential content in an intelligent and easy-to-understand way: this is aimed at a young audience.

Although the book has no flaws in terms of content, I found some formatting issues. Some chapters need page breaks, and the titles at the beginning of chapters should be centered. Regarding grammatical errors, I didn't find any, and the book's editing is flawless.

Overall, The Financial Teen: Why Teens are Financially Lucky is a well-written introductory finance book that could help many people. The author was honest enough to acknowledge that the main strength for those who want to invest (and see compound interest working for them) is the time it takes to mature the investment. Therefore, a disciplined teenager will have many advantages over someone close to 50 years old. Since the problem mentioned in the previous paragraph is not serious, the book deserves 5 out of 5 stars.

The book's name makes it clear that it is intended for teenagers. Even so, I would not restrict the target audience too much. The book's premise is that investments take time to mature, but even so, readers do not necessarily need to be between the ages of 12 and 18. A young adult can benefit from this reading, and even someone who has no knowledge of finance but is close to 30 can use this book as a starting point. As expected for a book aimed at a young audience and with financial content, there are no profane words and no mention of sexual content.

******
The Financial Teen: Why Teens are Financially Lucky
View: on Bookshelves | on Amazon

[Tamya Hardaway]

Very great book!

[Yasmine Zaki Muhieddine]

This book is important for teenagers as they need to gain some financial knowledge before adulthood. I like the fact that the author does not present any 'get rich quick' formulas here, because that would be setting unrealistic expectations for teenagers which will lead to a big disappointment. I also like the idea of 'self-discipline' is emphasized.

[Louis Donald]

I like how this guide focuses on teaching discipline and the power of time when it comes to investing. It sounds like a great resource for young readers to get a solid financial foundation early on. The practical, easy-to-understand advice could definitely help set someone up for a strong financial future!

[Pearl Flourish]

Teaching teens about money early is such a smart approach, especially with a focus on discipline and long-term investing. It’s refreshing to see a finance book that avoids get-rich-quick schemes and instead offers solid, practical advice in a way that’s easy to understand.

[George Bastem]

It’s great to see a finance book that focuses on discipline and long-term thinking instead of quick-money schemes. The idea that teens have a huge advantage because of time is a smart and encouraging message.