There are numerous financial planning and money management handbooks, but few focus on the needs of young adults between 16 and 25 years of age. Colleges and some high schools are increasingly offering courses covering money management, but the materials are more "economics-focused" than "real-world" focused. Young people are huge consumers who…

This report provides parents with information on teaching their children about budgeting, saving, and careful spending as well as information on giving their children money, bonds, and stocks. Topics covered include: (1) participation of young children in family shopping; (2) money management skills developed through giving children an allowance;…