There aren’t many personal finance books out there targeted towards people in high school or young adults.  If you are between 16 and 30 (yeah, I’d say you’re a “young adult” until 28 or so) and are wanting to read a personal finance book that is geared towards you, then “Enjoy Your Money!” is for you.  It’s meant for people who are still in school, or are thinking about getting married, or actually thinking about responsibility (yeah, I know.. what’s that?!) and getting out of debt or saving money for a house.  It’s an easy read (I read it in about a day or so) and there are lots of good tips and factoids on personal finance.   It’s not just that the book contains tons of great advice on succeeding at work, living frugally, investing and living. It’s that it puts it so simply and interestingly. Although it’s well-documented with authoritative sources, it’s written in a story form to keep readers interested and moving forward.

It follows the story of four high school seniors.  They get together for breakfasts where they get serious about money guided by a teacher called Mrs. Kramer.  Mrs. Kramer talks about people who did good with their personal finance, like Warren Buffett, and how he amassed $47,000 (adjusted to inflation today) by the time he graduated from high school by investing and working ordinary jobs when he was a kid.  Yes, I know, the $47,000 by high school graduation puts us all to shame- guess you got to start somewhere!  The book also talks about other people who did well and not so well with their personal finance, like Led Zeppelin, Sam Walton (the Wal-mart billionaire in case you were living under a rock), and Mark Twain.  It reads like a story- very much like The Wealthy Barber so you don’t really realize that you’re reading about personal finance.  I’d liken it to something like personal finance for dummies, though I haven’t read that book yet.

But there’s something else about this book. Although it’s about money, it’s not materialistic (doesn’t talk about how to amass tons of wealth in order blow it all on dream cars).  It actually encourages you not to get expensive cars (e.g. Jaguar) even if you’re a millionaire, because statistics show that most millionaires don’t drive fancy schmancy cars.  It’s more like the people who are in debt who drive fancy schmany cars to give the illusion of the blinged-out lifestyle.  You don’t want to be one of them, do you?  It asks the deeper questions, like does more money necessarily bring us more happiness?

If you’re interested in reading more about this book, checking out the reviews (there’s 20 of them on so far, and all really good), or buying it, check it out at Amazon.

Youngandthrifty readers, to win a brand-spankin’ new copy of this book ($15.99 value) all you have to do is subscribe if you haven’t done so already, and comment below with the answer to this question:

What was one thing about personal finance that you learned in high school that was really helpful to you now? (Yeah, I’m bringin’ it way back- time to reminisce about the good ol’ high school days)

If you’ve already subscribed to, thank you! All you need to do is comment below with the answer to this soul-searching question (so I can enter your name).

Winners will be drawn by and the contest closes Wednesday June 9, 2010 at 2300 (11pm) PST.

Good Luck!