Today's young people face an economic world that demands more so phisticated skills than ever before. Compared with previous generations, they have easier access to credit, greater personal responsibility for managing retirement investments, and a wider variety of banking options. Computer technologies offer opportunities their grandparents couldn't have imagined, but the opportunities introduce new risks, including high-tech scams, loss of privacy, and identify theft. The stakes are high, but according to surveys of financial literacy, students may not be ready for the challenge. Omnigraphics' Teen Finance Series was developed to help students understand basic economic principles and learn how these principles apply to their own financial circumstances. Each volume presents a topic selected to help middle school and high school students and their parents develop the foundations necessary for making fiscal decisions, both now and in the future.
Savings and Investment Information for Teens, Second Edition
According to Jump$tart Coalition for Personal Financial Literacy, recent surveys indicate that students are still confused about financial issues and many do not understand basic principles regarding saving and investing their money. In a biennial survey conducted in 2008, high school seniors scored lower than their 2006 counterparts in a national test of financial literacy. Fewer than half correctly answered questions about the best way to save for emergencies, the safety of various savings options, and the impact of inflation, taxes, and finance charges on wealth development.
Savings and Investment Information for Teens, Second Edition provides updated information to helptoday's young adults learn how to develop the habit of saving money and investing for the future. It explains how the economy works and how factors such as interest rates and inflation impact personal wealth. It offers practical suggestions for developing a financial plan, and it describes the risks and rewards associated with bank accounts, stocks, bonds, and mutual funds. The book concludes with a directory of resources for additional information and suggestions for further reading.
Today's young people face an economic world that demands more so phisticated skills than ever before. Compared with previous generations, they have easier access to credit, greater personal responsibility for managing retirement investments, and a wider variety of banking options. Computer technologies offer opportunities their grandparents couldn't have imagined, but the opportunities introduce new risks, including high-tech scams, loss of privacy, and identify theft. The stakes are high, but according to surveys of financial literacy, students may not be ready for the challenge. Omnigraphics' Teen Finance Series was developed to help students understand basic economic principles and learn how these principles apply to their own financial circumstances. Each volume presents a topic selected to help middle school and high school students and their parents develop the foundations necessary for making fiscal decisions, both now and in the future.
Savings and Investment Information for Teens, Second Edition
According to Jump$tart Coalition for Personal Financial Literacy, recent surveys indicate that students are still confused about financial issues and many do not understand basic principles regarding saving and investing their money. In a biennial survey conducted in 2008, high school seniors scored lower than their 2006 counterparts in a national test of financial literacy. Fewer than half correctly answered questions about the best way to save for emergencies, the safety of various savings options, and the impact of inflation, taxes, and finance charges on wealth development.
Savings and Investment Information for Teens, Second Edition provides updated information to helptoday's young adults learn how to develop the habit of saving money and investing for the future. It explains how the economy works and how factors such as interest rates and inflation impact personal wealth. It offers practical suggestions for developing a financial plan, and it describes the risks and rewards associated with bank accounts, stocks, bonds, and mutual funds. The book concludes with a directory of resources for additional information and suggestions for further reading.
Savings and Investment Information for Teens : Tips for a Successful Financial Life; Including Faxts About Economic Principles, Wealth Development, Bank Accounts, Stocks, Bonds, Mutual Funds, and Other Financial Tools
Savings and Investment Information for Teens : Tips for a Successful Financial Life; Including Faxts About Economic Principles, Wealth Development, Bank Accounts, Stocks, Bonds, Mutual Funds, and Other Financial Tools
Product Details
| ISBN-13: | 9780780810648 |
|---|---|
| Publisher: | Omnigraphics, Incorporated |
| Publication date: | 04/30/2009 |
| Series: | Teen Finance Series |
| Product dimensions: | 6.30(w) x 9.20(h) x 1.30(d) |
| Age Range: | 14 - 17 Years |