Teen In Business Resources |
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Young People Making A Difference |
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To contact us: call (773) 826-5543 To register for the Penny Save Program email pfffc3333@sbcglobal.net |
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Teen Money Tips & Resources |
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Title: Adding Pennies, Nickels and Dimes Type of Material: Online Lesson Plan Price: Free Description: ADDING PENNIES, NICKELS AND DIMES activity has students add and organize the coins to display a variety of price values from real life examples. The United States Mint H.I.P. Pocket Change™ Web site (www.usmint.gov/kids) offers many additional free educational resources in personal finance.
Title: A Penny Saved Type of Material: cartoon-style booklet. Also available in Spanish Language. Price: No Charge Description: "A Penny Saved" explains why and how people save, and the importance of saving to the U.S. economy. The booklet focuses on advantages and disadvantages of various savings methods, such as U.S. Savings Bonds, stocks, and mutual funds. The concept of compound interest is explained. All public info materials are for download only on the website, www.ny.frb.org Source Name: Federal Reserve Bank of New York Address: 33 Liberty Street New York, NY 10045 Phone: 212-720-6134 Source home page web address: http://www.ny.frb.org Resource order form web address: http://www.ny.frb.org/publications/result.cfm?comics=1
Title: A Gift for Mama: Lesson Plan Type of Material: no Price: Free Description: In this lesson, students read a story about a young girl, Sara. Having always made gifts, Sara wants to buy a gift for Mama. Students create/illustrate a booklet describing Sara's and their short-term savings goals. Lesson uses the children's book, A GIFT FOR MAMA, by Esther Hautzig.
Source Name: www.mmintl.org Address: Lesson Plan available on web site only. Resource web address: http://www.moneymanagement.org/Education/Resources/ Source home page web address: http://www.moneymanagement.org/Education/Resources/ Resource order form web address: http://www.moneymanagement.org/Education/Resources/
Title: A Financial Flower Garden Type of Material: Online Lesson Plan Price: FREE Description: A FINANCIAL FLOWER GARDEN helps students expand their knowledge of whole number computation by solving multiplication and division problems. Students use online technology and other reference materials to research their projects. The United States Mint H.I.P. Pocket Change™ Web site (www.usmint.gov/kids) offers many additional free educational resources in personal finance.
Title: 40 Money Management Tips Every College Freshman Should Know Type of Material: Student Workbook Price: Free Description: This booklet, developed with Scholarships, offers tips for students facing the prospect of a college education. A single copy of the publication may be obtained by submitting a request in writing. Please include a return street address, and allow three to four weeks for delivery. Source Name: NEFE Address: 5299 DTC Blvd, Ste 1300 Greenwood Village, CO 80111 Resource web address: http://www.nefe.org/pages/40moneytips.pdf Source home page web address: http://www.nefe.org
Many more information available at www.jumpstart.org/search.cfm
Source by The Jump$tart Coalition for Personal Financial Literacy
5 Steps for Teen to Budget
Help your teen look at the big picture before they get a surprise in the form of credit card bills, bounced checks, or automated teller machines that refuse to surrender cash.
College students' budgets shouldn't be complicated. Simply follow these steps.
1. Work together to itemize your student's regular monthly expenses.
2. List total income, including money previously set aside, scholarships, loans, allowance or perhaps wages from a part-time job during school.
3. Subtract expenses from income to see if the budget is reasonable.
4. If the expenses outweigh the income, work together to trim expenses until the numbers agree.
5. Your teens college budget should include a savings strategy. Encourage your kids to make regular deposits into a savings account for future expenditures (such as a car, an apartment, or student loans).
You may want to sit down together periodically to review the budget you've developed. Be sure your kids understand the importance of maintaining this budget to avoid overspending and debt trouble. But also remind them that it isn't carved in stone. If their favorite band is coming to town and they want to splurge on a concert ticket, they can simply cut back on other expenses for a month.
Brought to you by College Parents of America.
Source: Money Talks, Co-sponsored by Master Card International and College Parents of America |
