7Today's teenagers know how to spend money, but not necessarily how to spend it wisely. Many don't know what it takes to make money in the first place, because it comes from their parents' magical money tree. Those teens who work for their own money don't know how to make their money work for them. And those teens who are fortunate enough to accumulate a substantial amount of money will likely see it slip away, because they are not armed with the tools and techniques necessary to protect their wealth.
While our education system goes to great lengths in trying to make young people literate, it doesn't make them financially literate. In this book, Geoffrey Semaganda provides a much-needed starting point for filling the financial literacy void by teaching parents and their kids (together) how to make money, manage money, multiply money, and protect money.