Don't Break the Bank: A Student's Guide to Managing Money

Don’t Break the Bank:
A Student’s Guide to Managing Money
2012

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Bernadette Webster, Director of Publishing; Jill C. Schwartz, Editor; Ray Golaszewski, Publishing Operations Manager; Linda M. Williams, Composition Manager; Tim Conboy, eBook Production Associate; Bobbi Dempsey, Author; John Dempsey, Contributing Researcher

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ISBN-13: 978-0-7689-3648-3
ISBN-10: 0-7689-3648-9

First Edition

Contents

A Letter to Students

Ten Steps to Increase Your Financial Fitness

PART 1

Chapter 1:
Money Makes the World Go Around

The History of Money
Timeline of Money in the United States
How Does Money Get Printed?
Mutilated Money
The Lifespan of a Bill
A Look at Each Bill
The $100 Bill
The $50 Bill
The $20 Bill
The $10 Bill
The $5 Bill
The $2 Bill
The $1 Bill
Major U.S. Coins
Penny
Nickel
Dime
Quarter
Half-Dollar
Dollar
Inflation and How It Affects Your Money
Inflation and Buying Power
1990 Prices
Money Around the World
Global Money Math Challenges
Other Forms of Currency
Gamer Currency: Currency for a Virtual World
iTunes Cards
Gift Cards

PART 2

Ways to Earn Your Own Cash

Chapter 2
Earning Money at Home

Focus Groups
Online Surveys
Have a Yard Sale
Sell Stuff on eBay®
Sell Crafts and Other Items Online
Sell Your Photos
YouTube Videos
Web Design
Start Your Own Web Site or Blog
Tutoring
Quiz: What Type of Home-Based Job Would Be the Best Fit?
Watch Out for Work-at-Home Scams!
Sneak Peek: Get Money for Gaming
Crossword: Working World

Chapter 3
Part-Time Jobs and Other Ways to Make Money

Gigs and Occasional Work vs. Official Jobs
How to Find a Job
Classified Ads
Bulletin Boards
You Can Find Anything on Craig’s List (for Better or for Worse)
Help from a Monster (and Other Job Sites)
Twitter™ and Facebook®
Word of Mouth
Common Jobs for Teens
Babysitting
Mowing Lawns
Running Errands
Pet-sitting: Who Let the Dogs Out?
Restaurant Jobs: The Best Kind of Tips
Retail Jobs: Time for the Big Sale
Car Wash—Going to the Car Wash, Yeah!
Things to Consider with a Part-Time Job
Getting Paid (and Being Prepared for Your First Paycheck)

Chapter 4
Analyzing Your Paycheck

Working for the Man: Mandatory Deductions
Voluntary Deductions
Year-to-Date Totals
Where Does This Money Go?
The Most Common Payroll Deductions
Federal Income Tax
State/Local Income Tax
Social Security Tax

PART 3

Banking 101

Chapter 5
Banking 101

How Banks Work
Now this is Interesting: Understanding Interest Rates
72 Reasons to Love Banking
How to Choose a Bank
Bank vs. Credit Union
Reading Your Bank Statement

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