The Money Savvy Teen

An invaluable guide introducing young adults to essential money-related concepts and skills The average US household carries more than $7,000 in credit card debt. Americans pay $35 billion a year in fees for mishandling checks and debit cards. Too many have failed to learn even basic money management. In The Money Savvy Teen, Robbie Hyman looks to change that. Using an accessible approach, Hyman details how to develop a healthy relationship with money, the mechanics of money, and navigating the social side of money-an important yet often overlooked aspect of financial success. Filled with stories and humor, this book features simple, easy-to-remember lessons, from how to resist advertisers' psychological tricks, to understanding the fees of using another bank's ATM, to developing a standard phrase that can help anyone out of a tense moment when a friend asks to borrow money. Armed with these simple lessons, money savvy teens will have the tools and confidence to build smart, responsible financial habits that will last a lifetime.