By Paul Mason
This publication explodes universal myths approximately funds and is helping adolescents how you can take regulate of the source of revenue they've got and get the main out of it. It treats what might be the driest and so much daunting of issues with the lightest of touches. details and recommendation might be introduced in a streetwise, obtainable, easy-to-follow approach. in reality so transparent and interesting is the information it bargains that it really is most probably the booklet can be learn by way of the oldsters themselves - its middle message being that having adequate funds has little or no to do with how much cash you earn, and a extra to do with how a lot extra you may make it go...To comprise issues comparable to: tips to keep and use a financial institution Being a savvy Spender! the best way to develop your funds may still I borrow? - all approximately loans turning into a pupil
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Extra resources for Money Doesn't Grow on Trees. A Guide to Managing Your Money
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13) What is a ‘term’? a) The time in between school holidays. b) The time in which you pay back a loan. b) How much you will earn if it pays off. c) Whether or not you can afford to lose the money. c) Both of the above. 19) In the money world, inflation is a word for 14) Are interest rates: a) Ways of showing how good the audience thought a movie was? b) A measure of how much a lender will describing: a) Blowing up balloons, ready for the bank’s Christmas party. b) How much prices have increased.
Property Most people buy property using a loan called a mortgage. If the value of the property falls, you can be left owing more money than the property is worth. After many years you will have paid back the mortgage and will own the property. If it is your home, your housing costs will then be small. Always make sure you can afford the mortgage repayments. 39 TAX AND INFLATION However good you are at money management, there are two things affecting your money that you cannot control. The first is taxes, and the second is inflation.
Stocks and shares A light-hearted, but useful, investments in businesses. htm the stock-holders will be advice and tips. This US-based site offers paid part of the profit. Stock plenty of useful information is usually divided into small Life Skills: Raising Money and and tips on a range of money- fractions, which are called Managing Money Barbara related topics. stocks or, more often, shares Hollander (Heinemann Library, 2008) ANSWERS TO THE QUIZ ON Advice on getting, using and PAGES 44-45: table showing how much saving money, with real-life 1) b; 2) b; 3) a and b; 4) c; 5) a; 6) money has gone into and out examples.