Cash and Credit Information for Teens: Tips for a Successful Financial Life : Including Facts About Earning Money, Paying Taxes, Budgeting, Banking, Shopping, ... Avoiding Fin (Omnigraphics' Teen Finance), 2nd Edition

"Provides information for teens about earning and managing money, spending and using credit wisely, and avoiding fraud. Includes index, resource information, and a list of online money management tools"--Provided by publisher.

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 hightech 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.

Cash and Credit Information for Teens, Second Edition

According to a recent survey of teen attitudes about money conducted by the Charles Schwab Corporation, most teens want to learn about budgeting, saving, avoiding debt, and achieving financial independence. Efforts to reach these goals are often thwarted, however, because young adults are unfamiliar with the tools used in money management and they lack hands-on experience. Fewer than one in four teens reported knowing how to use a credit card responsibly, only one in three understood the financial decisions made by their parents, and a mere 14 percent reported any in-volvement in the process of bill paying or other tasks related to managing their family's household finances.

Cashand Credit Information For Teens, Second Edition provides an updated look at how teens can earn and manage money. It provides practical information about receiving income, paying taxes, and budgeting. It also discusses choosing appropriate banking services, managing a checking account, using credit and debit cards, making informed shopping decisions, and borrowing money for education or major purchases. A section on avoiding financial pitfalls provides facts about debt-related problems, identity theft, and common financial scams. The book concludes with a list of online money management tools and a directory of resources for additional information.

Facts about the money in your wallet Do you get an allowance? Jobs for teens Finding a summer job or internship Want to be your own boss? Tax information for students Making your money grow Preparing a budget Banking basics Electronic banking Avoiding costly banking mistakes Managing your savings account What you should know about checking accounts Insurance : protecting your assets Another good use of your money : helping others Shopping and impulse buying It's on sale, but is it a good deal? Online shopping : a guide for e-consumers Payment options for purchases Facts for consumers : how to right a wrong What you should know about warranties and service contracts Shopping for a cell phone plan Buying a computer Buying jewelry Buying your first car CD, book, and video buying clubs What you need to know about credit Borrowing basics Choosing a credit card Other plastic : debit cards, prepaid cards, gift cards, and more Installment loans Car loans Education loans Avoid out-of-control debt Watch out for predatory lending practices If your credit, ATM, or debit cards are lost or stolen Identity theft and identity fraud Con artists want your money : avoid these scams and schemes Avoid modeling scams Travel fraud : avoiding a spring break bust Gambling : don't bet on winning Online money management tools Resources for financial information.