Building the skills now to make smart money decisions throughout your lifetime is a sure way to secure your financial future. This inspiring guide encourages young readers to be financially literate for life and to look past today to their financial futures. Readers will learn that financial decisions can have a long-term impact on their lives and that it's important to learn how to manage risks and debt. Using the tips and concepts they have learned, readers will be given the opportunity to practice financial planning for the future.
Readers learn about making, saving, and borrowing money in this illuminating guide for young people on how to manage the money they earn. Helpful examples get readers thinking about how they plan to earn income in the future. Clear text helps them understand relevant concepts such as income tax, interest, and the positive and negative effects of making investments and borrowing money for large purchases.
The basic concepts of financial literacy are explored in this important book for young people. Relevant and accessible terms and real-world examples teach readers about financial responsibility and how to think critically about their wants and needs. Financial planning strategies are discussed and opportunities to practice activities, such as budgeting and record keeping, are provided.
This important title helps young readers build the skills to make smart choices when spending and saving their money. Realistic examples provide an understanding of the outcomes of spending using different means such as cash or credit. Readers will learn about the benefits of saving money, the various ways to do it, and how a bank manages money. Essential concepts such as credit reports and cost of living are introduced.