When is a good time to move out and become fully financially independent? A 2018 Teens & Personal Finance Survey conducted by Junior Achievement USA and AIG found that just half of the 1,000 surveyed teens desired to gain financial independence from their parents. Yet a CreditCards.com study found that almost three-in-four parents with children over the age of 18 reported financially helping their child with their living expenses and/or debts.
So, how can parents avoid this financial "failure to launch"? Turns out the best way to prepare your child for the future is by educating them. Concepts like saving, spending, investing and career readiness aren’t being taught enough in schools for you (or your child) to feel confident enough for their financial future.
To help you prevent your child from becoming a long-term roommate, we have put together a list of the four books your high schooler needs to help shape their future for success.
Teens & Career Indecisiveness
"This is the prettiest, most well-organized, useful and up to date guide to careers that I have ever seen." — Dick Bolles, author of What Color Is Your Parachute?
Every teen needs a starting point for career discovery. In this interactive guide, students learn about various career fields, as well as salary, working hours, training and preparing a resume to land the job of their dreams.
Do What You Are: Discover the Perfect Career for You Through the Secrets of Personality Type
"This is one of the most popular career books in the world. It's easy to see why. Many have found great help from the concept of Personality Type, and Tieger and Barron are masters at explaining this approach to career choice. Highly recommended." —Richard Bolles, author of What Color is Your Parachute?
This bestselling guide to finding career success and satisfaction assists with one of the most crucial elements of finding a satisfying career -- personality. Students will follow a step-by-step guide identifying their personality type, careers that align with their type, as well as the strengths and struggles their personality type faces in the workplace.
Teens & Adulting
No One Ever Told Us That: Money and Life Letters to My Grandchildren
"Spooner is a phenomenon, as much a psychologist and futurist as an investment advisor." — Inc. Magazine
From searching for a first job, planning for your financial future and other crucial life skills, readers are passed down the secrets to conquer life's adventures. Author and American leading financial advisor John Spooner passes down life lessons every parent wants their child to know.
Adulting 101: #Wisdom4Life
“In Adulting 101, Josh Burnette and Pete Hardesty share practical, accessible, and authentic wisdom to help students navigate the transition from college to their lives as independent adults. This is a resource young adults can return to over and over again for advice.” -Jonathan R. Alger, President, James Madison University
By definition, Adulting means to do grown-up things and have responsibilities, such as holding a full-time job, paying rent, buying groceries or owning a car. While these elementary life-skills are obvious to the modern-day parent, it may come as a shock that these skills are not being taught in the classroom. This practical guide puts those who are not "adults" into the driver’s seat as authors Burnette and Hardesty address topics like employment, workplace success, professional communication, investing, along with other "adulting" topics.