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The financial crisis that dragged the U.S. economy into a deep recession and had spillover effects around the world continues to dominate the headlines. Much debate has focused on finding ways to reduce the damage today and prevent a similar meltdown from happening in the future. Empowering our youth with financial literacy constitutes an important strategy that has begun to receive attention in the media.

In explaining concepts like recession, unemployment, and debt in engaging and clear terms, Not Your Parents' Money Book fills this niche and helps young readers gain more familiarity with their own roles as savers, consumers, and workers. Added to the mix are some humorous vignettes to keep the readers' attention, such as the life span of the germs that pass from people to dollar bills, and the incidence of and punishment for counterfeiting money.

In writing this book, author Jean Chatzky, the financial editor for the Today show and frequent contributor to other talk shows and media sources, drew on her expertise in personal finance as well as research from a series of focus group interviews with middle school students. The result is an easy-to-read crash course in economics and finance that will encourage readers to become savvier consumers and more informed about the economic world around them.

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Great information even for adults who have missed out on the financial knowledge that is needed in our current society. Geared for the young teenager, I found the drawings and illustrations likely more acceptable to the 12 yr old than the 17 yr old even through the narrative is appropriate for all. This is a shame as the older teenagers likely missed out and need to read it also.

This could be used as a text for homeschooling and appropriate high school classes.

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I have read a number of books written by Jean Chatzky and was excited to see she has written a book about money for teenagers, "Not Your Parents' Money Book". Jean is the financial editor for the Today show and frequent contributor to other talk shows and media sourcres.

As part of the research for the book, she met with groups of kids at middle schools across the country and them questions about what they know about money and things they want to know about money. The book is peppered with questions from kids and her answers to their questions. Also included in the book are fun facts and quizzes about money.

There are chapters about earning money, spending money and saving money. She gives ideas of ways to earn money besides the regular babysitting and cutting lawns and discusses the different vehicles for saving the money you earn.

She also discusses and explains investing and ways to invest. Many of the money related words are highlighted in the book and defined in the glossary at the end of the book. So if there are words that you do not understand you can jump to the glossary and look it up. She also discusses the economy and recession, which may be words that kids hear about and may not know what they mean.

Also included in the end of the book are sections on the history of money and how money is made.

The book is concluded by a list of web resources for more information. The websites include informational websites as well as websites that have games and puzzles pertaining to money and finances.

As with other topics it may be easier for kids to learn if they do not think they are actually learning anything, making it fun to learn.

This is a great resource to teach kids about the important subject of dealing with money and finances. It is about 150 pages and a quick and easy read.

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I liked this book because, as my 11 year old son and I were reading it together, I realized how little he actually knew about wages, credit, debt, investing, spending, saving...and they don't really teach this in schools. After a few chapters, he asked me to keep reading because he was truly interested in all these subjects. It has started a long and productive discussion about money that I'm sure we will continue for many years. I would definitely recommend this to tweens and teens.

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My daughter laughed at me and didn't want to even touch this book, when I got it. I insisted that she reads every single page of this book.She did and ....right after she finished reading, her very first words were " can I get a job" :)

The book not only educates about the role that money plays in your life ,but also motivates to start earning and saving your money.

I like this book a lot and will recommend it to everyone.