Financial Literacy for Generation Z : A Practical Guide to Managing Your Financial Life

This Indispensable Resource Explains Principles Of Financial Planning And Financial Psychology To Help Teens And Young Adults Make Good Financial Decisions Now And Achieve Their Financial Goals. Financial Literacy For Savvy Teens And Young Adults Means Meeting Them Where They Are, Which Is In High School And College. It Also Means Understanding How They Differ From Their Gen X And Elder Millennial Parents. For Example, They Tend To Be Debt-averse, Thrifty, And Responsible But May Err On The Side Of Taking Too Little Risk, Such As Not Investing Early Enough. This Book Uses Economics And Psychology To Help Generation Z Students Make Better Decisions Throughout Their Lives And Especially In Their Formative Years. Financial Literacy For Generation Z Addresses Decisions Students Have To Make While Still In School, After Graduation, And Later, With The Greatest Emphasis On The Decisions Closest At Hand To Them. It Encompasses Not Just Money Talk--for Example, How Much To Contribute To Your 401(k)--but Also Decisions That Are Directly Connected To Money, Such As Choosing A Major And A Career, Building A Credit Record, And Managing Your First Real Income. * Honors The Range Of Financial Goals From Simply Being Comfortable Through Becoming Rich * Provides Case Illustrations Of How Young People Of Different Personality Types Engage The Financial World * Offers References To Information On Modern And Reputable Websites Including Nerdwallet.com And Creditkarma.com * Includes Plenty Of Street Smart Advice Cover Half Title Title Copyright Contents Acknowledgments Introduction Part I Foundation Chapter 1 Understanding the Language of Money Part II On Your Doorstep Chapter 2 Choosing a Career Chapter 3 Funding Your Education Chapter 4 Managing Your Money Chapter 5 Starting to Give Back Part III Around the Corner Chapter 6 Protecting against Scammers Chapter 7 Buying a House Chapter 8 Buying a Car Chapter 9 Selecting Insurance Chapter 10 Understanding Job Benefits Chapter 11 Controlling Taxes Chapter 12 Beginning to Invest Chapter 13 Starting a Family Part IV Down the Road Chapter 14 Educating Your Children Chapter 15 Caring for Your Aging Parents and Grandparents Afterword Never, If You’re Lucky (Bankruptcy, Job Loss, Divorce) Appendix: A Primer on Investing Further Reading Index Financial literacy for savvy teens and young adults means meeting them where they are, which is in high school and college. It also means understanding how they differ from their Gen X and elder millennial parents. For example, they tend to be debt-averse, thrifty, and responsible but may err on the side of taking too little risk, such as not investing early enough. This book uses economics and psychology to help Generation Z students make better decisions throughout their lives and especially in their formative years.__Financial Literacy for Generation Z__