Savings and Investment Information for Teens, 2nd Ed.

Teen Finance Series

Savings and Investment Information for Teens, 2nd Ed.

Web Price: $62.00

According to Jump$tart Coalition for Personal Financial Literacy, recent surveys indicate that high school students are confused about financial issues, and many do not understand basic principles regarding saving and investing their money.

Savings and Investment Information for Teens, 2nd Edition, provides information that can help young adults learn how to save money and invest 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 describes the risks and rewards associated with bank accounts, stocks, bonds, and mutual funds.

The book is organized in the broad subject areas detailed below. Please see the Table of Contents
for a more complete understanding of the comprehensive coverage offered in Savings and Investment Information for Teens, 2nd Edition.

Part One: How the Economy Works describes the basic principles that govern the functioning of the U.S. and global economies and explains the economic factors that influence interest rates, inflation, and consumer prices.

Part Two: Keys to Wealth Development discusses the benefits and risks of different types of investment choices and provides tips on how to understand financial documents and how to work with financial industry professionals. It also includes cautions against common misunderstandings, frauds, and scams; and explains the hazards associated with managing money in an online environment.

Part Three: Banks and Bonds discusses the similarities and differences among banks, thrifts, and credit unions; describes various types of savings accounts, certificates of deposit (CDs), and bonds; discusses the benefits, risks, liquidity, and potential for making money with different savings instruments; and explains which types of accounts the Federal Deposit Insurance Corporation (FDIC) insures.

Part Four: Stocks and Mutual Funds explains equity investments and the ways people can own stocks as part of an investment portfolio, including owning individual stocks and purchasing different types of mutual funds. It also explains the special risks associated with investing in foreign stocks, trading in microcap stocks, and day trading.

Part Five: If You Need More Information provides a directory of savings and investment organizations and suggestions for additional reading.

Standard Features

  • Library binding
  • Accessible organization—generous use of headings
  • Charts and tables aid comprehension of statistical data
  • Callout boxes highlight important information, define terms, or summarize chapter content
  • Resource directories with contact information guide further research
  • Comprehensive index
  • Updated cover and interior page design

Reviews

"There are chapters discussing how the economy works, keys to developing wealth, banks and bonds, and stocks and mutual funds. The chapters on the stock market and mutual funds will be especially useful as many of this information will be new to teens. … This series will prove useful for high school and undergraduate students. Both school libraries and college reference collections should add them to their collections."

—American Reference Books Annual, 2010

"The text is well written, so teens could gain valuable information about the economy and finance. ... Situations in the text could be used to introduce a teacher-designed activity to explore the mathematics. ... [Recommended] as a reference or as a text for a personal finance class."

—Mathematics Teaching in the Middle Grades, May '11