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Word Count: 575
Success 101 for Teens an 85 page book about how to earn save and manage money focuses on exactly which steps to take in order to maintain a successful financial plan even at a young age Based on the useful information given about these topics I believe this book falls under the genres of business and finance or self-help Authors Mark Hansen and Kevin S Ferber with the help of Paragon House Publishers organized a route for teens to take on the path to financial success Since it was published in 2012 this informative book contains up-to-date advice on how to react to a struggling economy By just following a few simple steps young people can learn to create a budget that allows them to spend money on things they enjoy donate money to worthy causes and save money for later in life all at onceThe authors of this book bring up many good points concerning teenagers personal finances and argue that not enough attention is given toward teaching them financial literacy Due to this teens pay too little attention to the amount of money they spend versus the money they have which will later result in debt issues However the teen that makes sure he or she is making a good amount of money with cash left over after their regular monthly spendings will be able to establish savings for later in life Hansen and Ferber wrote this book to not only inform teens about financial plans but to also persuade them to start theirs by showing them how easy it can be For example they explain that by making trivial sacrifices such as not spending 5-10 for popcorn EVERY time you go to a movie you can save hundreds or even thousands of dollars throughout your lifetime I believe they succeeded because after reading it I began following their advice and immediately noticed great changes I even found myself purchasing off-brand products and
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