Financial Tips

5 Financial Tips for Teens

Family Features - When it comes to economics, many teens’ mouths write checks their knowledge can’t cash.

While 93% of American teens say they know how the economy works, 29% have had no economic schooling, according to a survey of 1,000 U.S. teens ages 13-18 by Wakefield Research on behalf of Junior Achievement and the Charles Koch Foundation. Even in light of their false confidence, teens are aware of the importance of financial education.

Although the study identified

numerous gaps in economic and financial knowledge, it also showed teens do know where to look for credible information. Two-thirds (67%) recognize they should use their school as a resource.

“One of the things we hear often is that some textbooks are written too academically for most students to understand the concepts,” said Jack E. Kosakowski, president and CEO of Junior Achievement USA. “Our programs, which work as a complement to the school curriculum, are written from the perspective of today’s teens and use digital content to help bring economic concepts to life for students.”

Beyond the classroom, another 63% of students believe they should use their parents as resources for economics education.

Help influence the financial literacy of a teen in your life with these practical money-management tips adapted from the curriculum.

Set goals. Managing your money is more meaningful when you’re doing it with purpose. This might mean budgeting to ensure you have enough money to maintain your auto insurance and keep gas in your car, or you may be saving for a big senior trip. Knowing what you want to achieve with your money can help you plan how you spend it more wisely. Weigh needs vs. wants. When you begin making your own money, it’s easier to indulge your own wishes and spend money on things you don’t necessarily need. To some extent, that’s not a bad thing; rewarding yourself is fine when you do so within reason. That means not exceeding your available funds, and not forsaking things you truly need, like gas money to get to and from a job or school.

Get a debit card. Most people find that having cash on hand makes it easier to spend. If you use a debit card instead, you’re an extra step away from spending so you have a little more time to consider your purchase. Another benefit of a debit card is it helps track your purchases in real time so you can keep constant tabs on your balance and ensure you don’t overdraft your account.

Start a savings habit. Even if your income doesn’t allow for much, it’s a good idea to get in the habit of setting aside a portion of each check. It may only be $10, but over time each $10 deposit can build your account toward a long-range goal.

Protect your privacy. Teens who’ve grown up in the digital age tend to be less skeptical and cautious about privacy matters than their elder counterparts. It’s important that young people understand the potential impact of failing to protect their privacy when it comes to financial matters, including the possibility that their identities could be stolen and all of their money siphoned away. Teaching kids about security is an essential lesson in economics. Visit ja.org for more tips and information to help raise your teen’s financial literacy.

SOURCE: Junior Achievement

Leading Dermatologic Experts Share Insights At Skin of Color Society’s 4th Annual Media Day

Dermatologic conditions and internal diseases present differently in individuals with darker skin, according to experts from the Skin of Color Society (SOCS), so it is important for people of color to see a board-certified dermatologist with special training in treating melanin-rich skin to properly diagnose and safely treat their concerns and disorders of the hair and skin.

Amidst exciting advances in the field of skin of color dermatology, a team of nationally and globally recognized dermatologists representing SOCS recently shared news and insights about new treatments, trends and emerging technological developments with members of the media at the Society’s 4th Annual Media Day, held at Hudson Dermatology and Laser Surgery in New York City.

The SOCS presenting experts, who collectively have published more than 700 original articles, book chapters, books, case reports, original research and scientific abstracts, included the following dermatologists:

* Dr. Seemal R. Desai and Dr. Laura Scott, who presented on State-of-the-Art in Treating Pigmentation Disorders & Skincare Products; * Dr. Amy McMichael and Dr. Crystal Aguh,

The Skin of Color Society’s 4th Annual Media Day expert team included (from left): Drs. Andrew Alexis, Dhaval Bhanusali, Maritza Perez, Seemal R. Desai, Laura Scott, Susan C. Taylor, Amy McMichael, Crystal Aguh, Donald Glass and Lynn McKinley-Grant (SOCS President). Photo credit: Swapnil Junjare.

who presented on Hair Happenings; * Dr. Andrew Alexis and Dr. Dhaval Bhanusali, who presented on Patient Safety with Cosmetic Procedures;

* Dr. Susan C. Taylor and Dr. Maritza Perez, who presented on Skin Cancer & Sun Protection in Melanin-Rich Skin; and

* Dr. Lynn McKinley-Grant and Dr. Donald Glass, who presented on External Signs of Internal Disease. The content-rich program featured remarks from SOCS President Lynn McKinley-Grant, MD and the SOCS Media Day host, Dhaval Bhanusali, MD, followed by a series of rotating sessions and a lively Q & A period.

Casio G-SHOCK Joins Forces With Streetwear Label MISCHIEF

Casio G-SHOCK has announced an all-new, limited-edition women’s timepiece in collaboration with MISCHIEF, the Seoul street fashion brand that is popular throughout Asia.

This collaborative model is inspired by the street fashion culture of the 90s that has become the signature style of the MISCHIEF brand along with the dial look that created the G-SHOCK boom back in the 90s. The new GMAS model showcases this nostalgic look with a transparent case and band in “sun-washed” coloring.

The GMAS140MC-1A includes nods to the two brands that are known for their sleek, streetwear looks for women, with the MISCHIEF logo appearing on the watch face, and engraved on the back cover and band.

The band clasp also comes with the unique detail of “DEADLY COMBINATION” printed on the band, celebrating the coming together of G-SHOCK and MISCHIEF. To finish the look of the 90s-inspired timepiece, the updated GMAS arrives in custom packaging that features the MISCHIEF logo

PRNewsfoto/Casio America, Inc.

printed across the box.

Additionally, the GMAS140MC1A arrives in the classic GMAS circular model shape and boasts large side buttons, making it easy to use for women that are always on the go.

The new model also comes equipped with standard G-SHOCK technology such as: * Shock Resistance * 200M Water Resistance * Stopwatch * Auto LED Light * Lap/Split Time * Magnetic Resistance * Countdown Timer * 5 Daily Alarms * 12/24 Hr.Time Formats * Full Auto Calendar

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