Financial Security and Life Success for Teens

Teens earning allowances or working part-time jobs may often be tempted to spend what they make. However, one of the earliest steps they can take on the path to financial literacy and independence is to start saving money early. This useful volume explains how to create a set of practical long-term goals, how to make and follow a budget, the benefits and potential dangers of credit, and much more. Sample budget and interest calculations provide easy-to-follow examples for readers, and tips on what teens can ask a financial expert to help them save and build wealth are also included.

Turning an idea into a product or service takes dedication and perseverance, but the best part is anyone can do it. This savvy volume presents practical ways for becoming an entrepreneur and starting a business, including researching ideas, products, and services, as well as compiling a business plan and details to include in it, market research and testing, calculating start-up costs, finding funds for investment in the business, keeping costs under control, patent protection, insurance, manufacturing costs and building on service, licensing, hiring employees, advertising (including Internet marketing), keeping up with demand, and maintaining focus on a thriving business.

Even as having a higher education becomes increasingly essential in the job market, the costs associated with attending a post-secondary institution continue to rise, making the prospect of paying for college seem daunting. By examining and breaking down the various financing and aid options available, this practical volume allows students to accurately assess their financial situations and to develop strategies to finance a college education. Offering tips on how to tackle the FAFSA form and covering the difference between grants and scholarships, the benefits of work-study, and much more, this volume is a valuable resource for anyone interested in pursuing a college degree.

Moving into one's own apartment is one of life's most important milestones, yet it is one fraught with pitfalls. Readers of this guide will get lots of insider tips about how to make smart decisions that will put them in a great living space at a price that will not jeopardize their financial health. They will learn all about leases and subletting agreements, security deposits, budgeting for monthly rent, dividing bill-paying responsibilities with roommates, and managing disputes with landlords. No one who is just starting out should begin an apartment search before reading this guide cover to cover.

Most young drivers have one goal in mind when they think of getting their own vehicle: freedom. Car ownership is one of life's joys as well as one of its major financial investments. This candid volume offers readers a step-by-step approach for how to choose the best car to suit their needs and how best to plan, research, and budget for the purchase. In today's economically challenging times, students require an opportunity to learn about money management as well as car facts, the choices available, and the importance of safety. Content supports state and national standards on financial literacy.