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. Cash and 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.
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