MoneySense

What you going to do with what you got?

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As a young teenager with allowance and gift income as well as the prospect of a part time job in the near future, there are many opportunities for you to spend, save and manage money. Young people need to learn good financial strategies that will benefit them not only as a teenager, but into adulthood. People that never learn these strategies often struggle financially their entire life, living from paycheck to paycheck.

Your Task:

Your task is to create a web page showcasing some important strategies that teens such as yourself can use to manage their finances, learn the value of saving, and prepare themselves for a financially responsible future. You will do your research on the web using some of the websites linked below. Make sure to keep it teenage friendly.

Links:

Kid's Money

Right On the Money

YoungBiz.com

Younginvestor.com

Moneyopolis

Procedures:

• Create a folder called "Money"
• You may use either Claris HomePage or html to create your webpage.
• After researching, figure out what your main strategies will be that you will present.
• Include pictures, where appropriate
• Create one page explaining why teens should learn financial strategies; benefits to self and community.
• Use good webpage design techniques

Ideas:

There are probably dozens of financial stradegies and topics. Here are a few general ideas:

• Saving
• Investing
• Responsible spending
• Charity
• Budgeting
• Compound interest (letting you money work for you)
• Retirement
• Bank accounts
• Taxes
• Interest paid, Interest earned