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Economy And Kids

Economy & Kids
Teens Respond Well to Financial Education, Study Shows
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Financial Knowledge and Behavior Improve Immediately—and Are Retained

A recently released, national evaluation of a teen financial education program shows that young people who studied the curriculum for as little as 10 hours not only significantly increased their understanding of money management, but also improved their financial behavior in the ensuing months.

The impact evaluation was conducted during the 2003-2004 academic year on the NEFE High School Financial Planning Program® (HSFPP), which is provided to schools at no cost by the National Endowment for Financial Education® (NEFE®). NEFE is the nation’s only nonprofit foundation wholly dedicated to helping Americans take control of their finances.

 
Social Security: Frequently Asked Questions
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What every kid, teen, parent, and teacher should know about Social Security. This site provides materials for parents, children, young adults and teachers to learn about Social Security and what it means to you.

 
Teens at Work
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Kids’ buying power packs economic punch.

Kathryn Glenn, 17, a senior at Anderson High School in Austin, works several hours each afternoon at her part-time job at a child care center. The job not only gives her valuable work experience – she hopes to possibly pursue a career in elementary education – but also gives her spending money.

“I’m going out of state for college, so I’m trying to save,” says Glenn, who will attend the University of Mississippi next fall. “It’s also just kind of nice to have some spending money. I like to go shopping a lot.”

 
Recreation
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ImageWe all look forward to “getting out of Dodge” and taking a vacation from our everyday routine. It could be a long anticipated trip to Mexico or to the hills, but having fun should be just that—fun. Being familiar with rules and regulations means you just may be more prepared for the unexpected.

Reviewing your rights and responsibilities before you venture away from home is just being a smart consumer and an informed traveler. Taking time to discuss the “what if…” list is a whole new way to look at emergency preparedness and to feel competent to handle the problems that may arise.

Plan ahead, have a great trip and send us a postcard.

 
On Your Own
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ImageLeaving the nest is a thrilling thought. Friends are always talking about how much freedom and how little responsibility there will be once they move out. They don't recognize the responsibilities that come with living on their own.

 Knowing the rules of the game can make a big difference in your wallet and your quality of life. For example, you need to know what signing a lease or a rental agreement means. If you are ready to move out, make sure you check out these articles and stay on top of the game.

 
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