Mount Saint Charles Academy Library: Financial Literacy

Credit can be a valuable tool for building a solid financial future. But the misuse of credit can quickly become a nightmare of spiraling debt and ruined credit ratings. The teenage years are ideal for learning about the value of credit and the dangers of debt. In this book, teens will learn about various types of credit, the importance of using credit wisely, and how to avoid the pitfalls of too much debt.

Financial experts suggest that everyone put together a realistic plan to save money. This applies to adults and teens alike. Experts also recommend making careful investments. But how do you develop a savings plan? And how exactly do investments work? This book gives teens information about saving, investing, and making the best use of their money.

What does it take to start a business? First, it takes the right person. Next, it takes the right business. Then, it takes a lot of hard work--in the planning and preparation and in the execution and follow-through. In this book, teens will learn all about starting a business, with added insights from owners of businesses small and large.

Trying to process economic information can leave you at a loss. You need to understand the connections in global markets (where was your cell phone made?), the crazy variety of currencies (from dollars to kronor), and the high stakes of spending (wants versus needs). How can all these statistics and concepts make more sense? Infographics! The charts, maps, and illustrations in this book tell a visual story to help you better understand key concepts about economics. Crack open this book to explore mind-boggling questions such as: * How do people buy and sell things without money? * What makes it hard to find a job? * How do people use their resources to turn big ideas into big business? The answers will be worth a lot to you!