How to Money: Your Ultimate Visual Guide to the Basics of Finance

by Jean Chatzky, Kathryn Tuggle, Nina Cosford (Illustrator)

Overview

*As featured on Live with Kelly and Ryan*

*A 2023 Business Insider Best Personal Finance Book - Teens and Gen Z*

"Where was this book when we were teenagers?" - Real Simple

Learn how to money in this in-depth, full-color illustrated guide from New York Times bestselling author and financial expert Jean Chatzky, Kathryn Tuggle, and the team at HerMoney — the perfect gift for the holidays, graduation season, back-to-school, and beyond!

There’s no getting around it. You need to know how to manage money to know how to manage life ― but most of us don’t! This full-color, illustrated guidebook from New York Times bestselling author and financial expert Jean Chatzky, Kathryn Tuggle, and their team at HerMoney breaks down the basics of money―how to earn it, manage it, and use it―giving you all the tools you need to take charge and be fearless with personal finance.

Featuring exclusive HerMoney interviews with CEOs, activists, and many more, How to Money will teach you the ins and outs of:

-creating a budget (and sticking to it)

-scoring that first job (and what that paycheck means)

-navigating college loans (and avoiding student debt)

-getting that first credit card (and what “credit” is)

-investing like a pro (and why it’s important!)

All so you can earn more, save smart, invest wisely, borrow only when you have to, and enjoy everything you've got!

Product Details

ISBN-13:	9781250791696
Publisher:	Roaring Brook Press
Publication date:	05/10/2022
Pages:	256
Sales rank:	42,607
Product dimensions:	6.10(w) x 9.20(h) x 0.90(d)
Lexile:	980L (what's this?)
Age Range:	12 - 18 Years

About the Author

Jean Chatzky is CEO and co-founder of HerMoney, the author of over a dozen books (including Money Rules, Women with Money, and Not Your Parents' Money Book), an award-winning magazine columnist and host of the HerMoney podcast. After decades of reporting on personal finance — including 25 years on the Today show — she knows that now more than ever, a successful financial life is within every woman’s grasp — and with the HerMoney team, she’s on a mission to help you get it. In her free time, Jean loves running, finding new ways to use her sourdough starter, and cooking for friends. Raised in the midwest, she now lives in Philadelphia with her family and new pup. Find her on Twitter and Instagram.

Kathryn Tuggle is Chief Content Officer and Gracie-Award winning Editor-in-Chief at HerMoney.com. She produces the HerMoney Podcast and co-hosts its popular mailbag segment. Originally from Birmingham, Alabama, Kathryn has spent the last two decades writing and editing for magazines, television and websites in New York. When she’s not educating women about their money, Kathryn can probably be found thrift store shopping, teaching a yoga class, or browsing bookstores in Paris.

Nina Cosford is a freelance illustrator based in the UK. Her work mostly focuses on storytelling - particularly female-centric themes - and has amassed a global audience of over 350,000 followers. She has illustrated over twenty published books and has collaborated with numerous brands including Apple, HBO, WaterAid, TATE, Google and Netflix. She also loves to travel and draw her way around the world - recording people, places and cultures in her sketchbook wherever she goes.

Table of Contents

A Note to All Our Readers from Jean and Kathryn viii

Introduction: How to Money 1

Part 1 Earn It 13

Chapter 1 Let's Get to Work: You Can't Really Learn to Manage Money until You Get Some 14

Chapter 2 Starting Your Own Business: There Are So Many Ways to Turn Your Free Time into Money-Making Opportunities 39

Chapter 3 The A to Z of Allowance: From Asking for One to How to Use It Best 46

Part 2 Manage It 55

Chapter 4 Set Your Goals: The Only Way to Get What You Want Is to Know What You Want 56

Chapter 5 How to Budget: The Pathway to Making Your Money Work for You 68

Chapter 6 Hey, Where's My Money? Banks, Checking and Savings Accounts, Debit Cards, and More 80

Chapter 7 Give Me Some Credit: Why Credit Is So Important to Your Bright Financial Future 96

Chapter 8 Investing = Making Money in Your Sleep: When You're an Investor, Your Money Is Always Working for You 114

Part 3 Use It 143

Chapter 9 Spending Smart: You Don't Need It, and You Might Not Even Really Want It-So Why Did You Feel Compelled to Buy It? (We Know; We've Done It, Too) 144

Chapter 10 Big-Ticket Items: Your First Car and First Apartment Are Closer than You Think 157

Part 4 Get Schooled 171

Chapter 11 Getting an Education: College Is Only Worth It If You Graduate 172

Chapter 12 Your Career-And Your Paycheck! Yes, You Should Start Thinking about Your Options Now 191

Part 5 Look to the Future 203

Chapter 13 Health is Wealth: Why Staying Healthy Is a Good Move for Your Life (and a Smart Money Move, Too!) 204

Chapter 14 How to Money-Happily: Now You Know All the Secrets 214

Your Next Big Steps 223

Acknowledgments 225

Glossary 227

Selected Sources 237

Index 238

Editorial Reviews

Praise for HOW TO MONEY

*A 2023 Business Insider Best Personal Finance Book — Teens and Gen Z*

"Fun to read, easy to understand and visually enticing filled with infographics, actionable tips and exercises. . . .

This one is truly special in how it delivers an empowering message that even many adults could benefit from: Money can be intimidating, but it doesn’t have to be." - The Wall Street Journal

"Where was this book when we were teenagers?" - Real Simple

"Helps new grads make smart, informed money decisions." - MSNBC

"Financial advice and guidelines for young people taking their first hesitant steps into 'Adultville.' Encouraging, empowering, and up to date." - Kirkus Reviews

"Conversational and contemporary, this engrossing guidebook by Chatzky, Kathryn Tuggle, and the team from the HerMoney website addresses financial issues. . . . A resource for any gender, this engaging guidebook functions as an informational text, supplement to a personal finance course, and research tool. [A]n excellent addition to the school library’s self-help collection." - School Library Journal

"This useful financial guidebook for teens is appealingly illustrated with accurate, accessible, and timely content." - Booklist

From the Publisher

05/01/2022

Gr 7 Up—Conversational and contemporary, this engrossing guidebook by Chatzky, Kathryn Tuggle, and the team from the HerMoney website addresses financial issues that women faced in the past, reviews their current opportunities, and projects the possibility for success in their future. Introducing money as a tool for shaping emotional, social, and physical wellbeing, the authors set a tone of achievable tasks and realistic goals. Covering a range of topics from the merit of thrift stores to the possibilities of cryptocurrency, the timely content is informational and entertaining. The standard financial literacy topics of budgeting, employment, education, spending, and investing are interwoven in an interesting manner with an individual's wants, needs, giving, interests, and personal happiness. With an emphasis on earning, saving, and investing at a young age, the attractively illustrated text can be read sequentially, or teens can select a topic of specific interest. The book's well-done format includes sidebars, interviews, and an occasional chart, graph, or sample document. The diversity of the interviewed businesswomen speaks to their successes and failures. Examples include Jazz Jennings, Sandra Lopez, and Ilhan Omar. Vocabulary words are highlighted in blue. The book's back matter includes a 10-page glossary, helpful index, and a selected sources section. A resource for any gender, this engaging guidebook functions as an informational text, supplement to a personal finance course, and research tool. VERDICT Due to the rapid changes in currency trends, investing, and monetary policy, this book will likely not stand the test of time, but it is currently an excellent addition to the school library's self-help collection.—Lynne Stover

School Library Journal

2022-02-09
Financial advice and guidelines for young people taking their first hesitant steps into “Adultville.”

Personal finance experts, including the host of the HerMoney podcast, squire readers through the basics of goal setting, budgeting, banking, choosing credit and debit cards, managing student loans and other debt, health and other insurance, and job hunting. The advice is sensible and presented in positive, upbeat tones, if sometimes imprecise and overly generalized. It includes frank acknowledgment of continuing salary gaps based on gender, race, sexual orientation, and gender identity; cumulative intergenerational inequalities; and the effects on individuals who have more than one marginalized identity. The vital importance of developing a habit of saving as early as possible gets proper stress. The authors give stock market investing an equally hard sell, assuring readers that it’s easy money with, over the long term at least, guaranteed profits. The work opens with a quote from Jane Bryant Quinn that “money isn’t pink or blue; it’s green,” explaining that a primary goal of both the book and the HerMoney organization is redressing the long-standing gender gap in the world of finance by centering women while offering advice that readers of all genders can utilize. The work contains interviews with over a dozen individuals, many of them women business owners or leaders of women-centered initiatives, and youth-targeted sample lists of income sources and budget items. Cosford’s small, color illustrations break up and brighten the text and portray racially diverse individuals.

Encouraging, empowering, and up to date. (glossary, selected sources, index) (Nonfiction. 14-18)

Kirkus Reviews