Banking on Our Future: A Program for Teaching You and Your Kids about Money

Front Cover
'We believe that through economic empowerment, you give people choices in their lives.'John Bryant grew up in South Central Los Angeles, and while he's founded his own group of companies and been named one of Time's "50 Most Promising Leaders of the Future," he knows what it means to struggle financially. Now, as founder and chairman of Operation HOPE, Bryant focuses on educating young people about money. His Banking on Our Future program has already reached 87,000 students in over 350 schools nationwide, and the number is climbing.Now you too can have access to the lessons of the award-winning Banking on Our Future program. Here are some of the important things you will learn from this book:How to talk with your kids about moneyHow to keep track of your family's money with a family financial ledgerHow to teach your ten-year-old about banks and have fun at the same timeWhy saving, even a little money every week week, is so important When it's the right time for your teen to have a checking accountHow to set financial goals with your kids, whether they're six or sixteenCredit, budgeting, investing, car payments, and moreBanking on Our Future is the financial primer you and your family can't afford to be without. Clear, frank, and always inspiring, this book will help you and your children plan a healthier and happier financial future.'John Bryant uses conversational, non-threatening language to engage the reader into thinking about and adopting workable personal financial strategies.'-Kweisi Mfume, NAACP, President and CEO'Teaching the fundamentals of finance to children and families is an instrumental and positive step in increasing ownership and responsibility among middle and lower class families. As such, I believe that this book, and its program, will serve as an important resource from which communities can declare their financial independence.'-Rep.Charles B. Rangel
 

Selected pages

Contents

Giving You the Power
3
How to Be a Good Financial Role Model for Your Kids
13
Keeping It All Together
28
Teaching Your Elementary Student about Money
37
How to Talk about Money with Your Kids
39
A Penny Saved
46
How to Open Your Own NoFee Savings Account with Just 5
52
Financial Literacy for Middle School Kids
55
How Your Kids Can Afford College
112
We Dont Live Forever
117
Financial Fitness for Young Adults
125
Investments YouYes YouCan Get Rich Slowly
127
Welcome to Wall Street
133
Your Kids Future in the NBA?
137
The Learning Never Ends
141
A Vision for America and for You
146

Corporate America Wants Your Kids Body
57
Will You Take a Check?
67
The Financially Literate High School Student
77
My First Job I Hate Taxes
79
Credit Is a Privilege
91
How to Get a Home Loan
106
Bring Banking on Our Future to Your School
154
GLOSSARY
155
USEFUL WEBSITES
158
ACKNOWLEDGMENTS
159
INDEX
161
Copyright

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About the author (2002)

Michael Graubart Levin (born August 8, 1958) is an American, New York Times best-selling author; he has written, co-written, or ghostwritten over 100 books, nine of which became national best sellers. Levin, founder of BusinessGhost, Inc., America's leading provider of ghostwritten business books. His works include: Making Jack Falcone, Dropping the Ball, No Ordinary Love and Where's My Fifteen Minutes? Levin graduated Amherst College with a B.A. in English and Ancient Greek in 1980, and received his J.D. from Columbia Law School in 1985.

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