First to a Million: A Teenager’s Guide to Achieving Early Financial Independence

First to a Million is a book that will teach its readers methods for becoming financially independent. The author, Dan Sheeks, has even come up with a name for his followers: FI Freaks. Well organized into easy-to-read and reference chapters, the book simplifies a lot of what even adults may find challenging to understand in the world of personal finance.

Understanding how to use credit cards in your favor is something that they don’t teach in school, so many kids think that they are bad and can only rack up debt. With simple rules such as always pay your entire balance every month before the due date and never charge more each month than what you can afford, this is something that everyone should be able to do. The chapters on net worth, passive income, and frugality also give some really great information.

The tips and techniques in First to a Million almost seem too easy. Although this book is geared toward teens, adults of all ages will surely find some truly valuable information in it that they can apply to their daily lives.