Financial Literacy for Teens - How to open a first bank account, read your first paycheck, handle taxes, build credit, and understand investing, a plain-English guide for teens and the parents who hand it over #1012576

Your first paycheck is coming, and nobody ever sat you down to explain what happens to it. Why is the number on the check smaller than the number you were promised? Do you have to file taxes? Can you even open a bank account at your age? And what is everyone talking about when they say credit scores or investing? Financial Literacy for Teens is a plain-English guide written to the teenager, with the parent in mind as the person who hands it over. It is built around what happens before and during the first job, not a lecture about adult money. It differs from adult money-basics, budgeting and brokerage guides: it starts at the very beginning, uses teen-sized numbers and real situations, and teaches concepts rather than telling you what to buy. Inside, you'll learn: Whether you are fourteen and mowing lawns or eighteen and signing your first work forms, this book gives you the vocabulary, the habits and the confidence to start well. Rules and limits change, so every chapter shows you what to check and where to check it.