Author Releases a Financial Guide that Tells Teens They Don’t Need a Credit Card to “Build Their Credit”

September 19, 2005   Entertainment News
(PRLEAP.COM) To answer a generation’s cry for sound financial information, Butterhouse Publishing released The Money Guide for the Teens and Generation Debt. Written by financial coach Kari Spencer, the book contains over 100 pages of fresh financial information for teenagers and young adults. It is available today at

Unfortunately for many of today’s youth, high school has taught them about amoebas and palindromes, but has failed to prepare them to survive and thrive financially in the real world.

Many of these young people graduate from college with a mountain of student loan debt and face a constant barrage of advertising and financial misinformation that is intended to load them with consumer debt. The American dream to buy a house, support a family, send kids to college, retire in style-seem acutely, distressingly out of reach.

They live off their credit cards, put off buying necessary insurances, finance cars that they otherwise could not afford, and have little or nothing left at the end of the month for wise savings.

This generation has financial obstacles, without a doubt, but they're also willing to learn. They are hungry for the right information that will enable them to take control of their own financial future.

The Money Guide was written to address the specific financial situations that young people face today, and it offers a set of realistic solutions to the problems that will help them to make good spending decisions and to secure their financial future.

Concisely, pragmatically, and with a grain of light irreverence, Kari Spencer tells her young, readers precisely what actions to take and why. Throughout these pages, “Rich Thoughts” and quotes by today’s financial experts, as well as real life scenarios and examples drive each point home.

The book holds several surprises that seem to contradict the advice of other top financial authors. She tells teens not to get a credit card in high school or college in order to “build their credit,” and to think about opening a retirement fund even before they have funded their college education. Her openness, understanding, and extraordinary sensitivity to the needs of her readers allow her to reach teenagers and young people and open their eyes to a different way of thinking about and handling money.

Each chapter presents a financial subject relevant to young people, and each can be consulted step by step, or on a strictly need-to-know basis. Kari takes teenagers past broke to a place of financial security, and, if her advice is put into action, possibly even to wealth.

She begins the journey by showing young people how to harness the most powerful, but fleeting, financial tool that they temporarily possess: time on their side.

The Money Guide can be purchased at A preview of the book is available at the website, as well as other financial information of relevance to teenagers, young people, and their parents.

About Kari Spencer:
Gaining and maintaining financial security ranks as a major source of anxiety for people today. Few understand this better than Kari Spencer, a former schoolteacher, writer and financial coach. From her early years as a struggling college student, through her experience as a single mother surviving on a teacher’s salary, to the struggle early in her marriage to unload a mountain of debt, to becoming self-employed and financially flourishing, Kari has lived and learned many hard financial lessons. Through her writings, she uses her experience and knowledge to help young people decode financial concepts and communicates savvy and simple financial lessons that can transform young people’s financial understanding and improve their lives! Kari is on a mission to inform young people, and to change their beliefs, emotions and actions concerning their money.

Kari Spencer
Butterhouse Publishing
12251 N. 32nd Street
Suite 101
Phoenix, AZ 85032

602-953-0040 (fax)
Contact Information
Kari Spencer
Butterhouse Publishing
Contact Us