Economic Competence And Financial Literacy Of Young Adults

The authors take a detailed look at the economic competence and financial literacy of young adults, especially of those who start an apprenticeship or who take up their studies at a university. Economic competence and financial literacy are of special interest within this group, because these young people are – mostly for the fi rst time in their lives – responsible for autonomously managing their own fi nancial affairs and deal with economic challenges.

The authors take a detailed look at the economic competence and financial literacy of young adults, especially of those who start an apprenticeship or who take up their studies at a university. Economic competence and financial literacy are of special interest within this group, because these young people are – mostly for the fi rst time in their lives – responsible for autonomously managing their own fi nancial affairs and deal with economic challenges.

It is a well-known saying that money does not buy happiness. But it certainly helps in life. It is important to have enough of it to satisfy our needs and to secure ourselves from emergency situations. That's what adults think. And what about the youth? What is their approach to money, what do they know about finances and how are their skills in everyday financial management coming along? What kind of knowledge and skills should be provided? Do young people in different countries represent similar or different approaches to financial matters? Using the results of a research on young people in Poland and Germany, the authors draw a picture of financial literacy. They furthermore present a number of recommendations that help developing the knowledge and the financial skills of young people in practice.

Unlock financial security with our enlightening guide! Master the money mindset, create effective budgets, learn about crypto, and how to distinguish bad debt from good debt. Ideal for students, young adults, or anyone seeking to build wealth. Navigate economic challenges and achieve financial independence.

This Handbook presents in-depth research conducted on a myriad of issues within the field of financial literacy. Split into six sections, it starts by presenting prevalent conceptions of financial literacy before covering financial literacy in the policy context, the state and development of financial literacy within different countries, issues of assessment and evaluation of financial literacy, approaches to teaching financial literacy, and teacher training and teacher education in financial literacy. In doing so, it provides precise definitions of the construct of financial literacy and elaborates on the state and recent developments of financial literacy around the world, to show ways of measuring and fostering financial literacy and to give hints towards necessary and successful teacher trainings. The book also embraces the diversity in the field by revealing contrasting and conflicting views that cannot be bridged, while at the same time making a contribution by re-joining existing materials in one volume which can be used in academic discourse, in research-workshops, in university lectures and in the definition of program initiatives within the wider field of financial literacy. It allows for a landscape of financial literacy to be depicted which would foster the implementation of learning opportunities for human beings for sake of well-being within financial living-conditions. The Handbook is useful to academics and students of the topic, professionals in the sector of investment and banking, and for every person responsible for managing his or her financial affairs in everyday life.

This publication addresses the challenges linked to the introduction of financial education in schools, provides practical guidance and case studies to assist policy makers, as well as a comparative analysis of existing learning frameworks.

You know you need to learn more about personal finance in order to make financial decisions, but you just find it too overwhelming, too intimidating, and too time consuming. This book was written for you, giving you the basics in less than an hour, and then directing you to further resources (fischlearning.com/tldr) if you'd like to learn more. It's about 30 pages and should take less than an hour to read, so instead of TL;DR (Too Long; Didn't Read) it will hopefully be JR;DR;KM (Just Right, Did Read, Know More).This book isn't about "getting rich quickly" (not that's there anything wrong with that), but it's about gaining knowledge and building your capacity in order to live a good life. What's a "good life"? I don't know, everyone's definition is different. What's important is that you take the time to define what a good life is for you, and then align your financial decisions with that. The goal of this book is to help you think about your finances in such a way that you have the independence to lead the life you want to live; to give you as much control as possible over your financial situation so that your finances don't prevent you from living the life you want.I say "book" because that's what Amazon calls it, but it's more like a really long blog post. I wrote it because finances and financial decisions are such a huge part of everyone's life that they should take the time to thoroughly educate themselves. Since many folks won't do that, this book is an attempt to quickly give them the basics and hopefully encourage them - and give them the confidence - to learn more.I am not a financial planner. I have taught students mathematics and computer science for over thirty years, but have no formal training in personal finance or investing, and no certifications. I am simply a lifelong learner, constantly curious, and have been interested in personal finance since working in a credit union during high school and college, and continued to be curious and learn more about finance during my career as a public school teacher. Over my years as a teacher, I discovered that not only did my students not know much about personal finance, but neither did my family, friends and colleagues (I often served as a resource for those folks).Partially as a result of that experience, I see the necessity for a book such as this, as I wanted to do my part to try to help others become financially literate. While it would be nice to make a little bit of money from this, that's not really my expectation or my goal. This is a passion project for me. I hope folks find it helpful. If you do read it, it would be helpful if you could leave a review on Amazon and/or email me at [email protected] a "testimonial" for the accompanying website. I would also love constructive feedback at bit.ly/tldrfeedbackSo, about thirty pages. About an hour. Ready to get started? Future you will thank you.

Make economics easy for students in grades 5 and up using Economics and You! This 64-page book features an in-depth, real-world simulation activity that reinforces economic and math concepts while introducing students to the consumer world. Students learn how to balance a checkbook, calculate interest, develop a budget, buy a car, and file taxes.