Gordon Hughes’ “Money Smarts For Teens & Twenties” praised by the US Review of Books
Gordon Hughes’ book, Money Smarts For Teens & Twenties, Hughes highlights the importance of not just knowing how to manage your finances, but also understanding why you should do so to begin with.
The book has been positively reviewed by the US Review of Books. Book critic Michael Radon remarks that “parents should consider this required reading for any older child.” He writes:
“Each chapter builds on the knowledge covered in the previous ones, focusing on only making truly necessary purchases, establishing savings early, and analyzing the hidden or long-term costs of any seemingly good deal. This format keeps the information relevant even if it outpaces the reader. For example, a chapter or two might be good for teenagers just starting their first job while living at home, whereas the whole book is more pertinent to college students out in the world on their own. The teaching approach is direct and uses simple, real-world examples like purchasing a car versus using public transportation to illustrate many of the larger concepts and ideas. The author’s rich professional experience married with the simple delivery to reach the target audience creates a text that is universally useful but also straight to the point.” Read the full review here.
Hughes believes that financial literacy must be taught as early as during our teenage years when our financial decisions are often crucial. Learning the value of money during this stage of our life is an important step toward understanding the importance of investing and spending wisely for the future.
It is in this premise that Gordon decided to write his book, Money Smarts For Teens & Twenties. The book begs the question of not just knowing how to manage your finances, but also understanding why you should do so to begin with.