Summary

Financial literacy can be defined as the ability to make informed decisions about how to use and manage your money. Young Australians are particularly active consumers, so it is important from an early age that they understand their rights and responsibilities when it comes to managing money. This book is an excellent aid for young people to better understand their finances and features the following topics: saving, banking, budgeting, smart shopping tips, understanding types of loans and credit and how to manage debt, investing and financial planning, choosing suitable mobile phone plans, avoiding scams and rip-offs, and explains the basics about insurance and superannuation. Get on top of your finances while you are young and establish healthy financial habits!