STARRED REVIEW
October 2000

Cents-able advice for teenagers

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Don’t let anyone tell you that you’re too young to make money, say two new books for budding teenage millionaires. How to be a Teenage Millionaire offers the young entrepreneur advice on business ideas, start-up funding, even advertising strategies for kids whose marketable ideas can’t wait until after college. StreetWise: A Guide for Teen Investors says kids can invest the money they make. It teaches teens how to pick stocks, handle the ups and downs of the market, covers tax concerns, and even pitches Wall Street careers teenagers might want to tackle someday. For parents who worry these books will turn their kids into money-hungry land sharks, don’t sweat. While both books offer sound small business and investing advice, the real power of these books is to build money-making and spending confidence for teens who may feel they have no monetary power. Teenage Millionaire says babysitting is a surprisingly effective way to earn income and build a business. StreetWise makes age-old investing advice on compound interest sound appealing. Far from luring your teenager with the promise of glittering riches, these books teach teens to earn and save their money. After reading them, teens might be willing to share their newfound financial wisdom with the rest of the family even their parents.

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