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    Building Wealth For Teens, Answers to Questions Teens Care About
    Building Wealth For Teens, Answers to Questions Teens Care About
    Building Wealth For Teens, Answers to Questions Teens Care About
    Ebook73 pages49 minutes

    Building Wealth For Teens, Answers to Questions Teens Care About

    By Murdoch Matheson

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    About this ebook

    In his book "Building Wealth For Teens, Answers to Questions Teens Care About", author Murdoch Matheson addresses teen questions and topics of interest pertaining to building wealth, investments and personal finance. In 21 short and conversational chapters, Matheson engages the reader by speaking to real life issues, with the ultimate goal of improving financial literacy. Learning early on about the terms and strategies involved in building financial security, young people have every advantage to realize their life goals. Matheson was motivated to write this book for young people, addressing questions offered by teens, hoping that with a measure of financial security and comfort, they would be able to focus on the things that really matter in their life journey ahead.

    LanguageEnglish
    PublisherMurdoch Matheson
    Release dateApr 27, 2011
    ISBN9781458061614
    Building Wealth For Teens, Answers to Questions Teens Care About
    Author

    Murdoch Matheson

    With his book, Building Wealth For Teens, author Murdoch Matheson is motivated by the desire to improve financial literacy by addressing teen topics of interest and to inspire our youth to lay the foundation for a bright and secure future. Matheson is a Financial Advisor with a national firm, having been involved in the investment world for over three decades. This is his second book in the area of personal finance. He lives with his wife near Gananoque, Ontario. Their two boys are currently finishing their university degrees.

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      Book preview

      Building Wealth For Teens, Answers to Questions Teens Care About - Murdoch Matheson

      Praise for Building Wealth For Teens:

      "Building Wealth For Teens sets a foundation for lifelong financial responsibility and security."

      — John Gleeson, age 20

      "Building Wealth For Teens is a well written book that provides an introduction to many financial concepts and topics of interest to teenagers…the most valuable part of the book is advice Matheson gives…in which he sets out a philosophy and view of the world with which we all agree but sometimes forget."

      — Mark Wolynetz Ph.D, CFP, ChFC, CLU

      This book was very informative…clarified many things I was unsure of…many great explanations and examples…I highly recommend it.

      — Mark Boschman, age 19

      Murdoch Matheson takes the complexities of financial planning out of the equation and presents a simple, relevant, concrete foundation upon which youth may begin to assume their own role in securing their financial future.

      — Frank Wiley, Principal, Canterbury High School, Ottawa, Ontario

      I loved how the book was short and to the point…perfect for someone my age or younger…great introduction to these topics.

      — Mark Sullivan, age 19

      "Building Wealth For Teens is a wonderful read…The author has demonstrated a real skill for transforming complicated topics into easy to understand terms that anyone, young or old, can easily appreciate… With its straight-to-the-point approach, this book should be essential reading for every teenager who wants to learn more about the financial world we all live in."

      — Jeffery Keill, CFP, CIM

      Building Wealth For Teens:

      Answers to Questions Teens Care About

      By Murdoch Matheson

      Smashwords Edition Copyright 2011 Murdoch Matheson

      This ebook is licensed for your personal enjoyment only. This ebook may not be re-sold or given away to other people. If you would like to share this book with another person, please purchase an additional copy for each recipient. If you’re reading this book and did not purchase it, or it was not purchased for your use only, then please return to Smashwords.com and purchase your own copy. Thank you for respecting the hard work of this author.

      Acknowledgements

      Back in 2000, when my older son Brock was in grade eight at A. Lorne Cassidy School in Stittsville, Ontario, he was fortunate to have a wonderful teacher by the name of Mrs. Karen Deurloo. I approached Mrs. Deurloo with the idea that it would be valuable and instructive to hear from grade eight students, as they began their teen years, on various topics including money, investments and building wealth (to name a few). These questions, which formed the titles of the book chapters, were possible thanks to Mrs. Deurloo, who allowed access to her two classes. She was encouraging in her support for this project aimed at building teen financial and investment literacy. Mrs. Deurloo offered editorial guidance as well, which was most appreciated.

      I’d like to thank Gail Baird of Creative Bound Inc. who provided editorial guidance.

      Sid Tafler’s editorial and marketing advice and support has been invaluable.

      Sons Brock, Ian and their friends, Brent Boschman and Mark Sullivan were all very helpful in their role as consultants for the book, addressing size, shape and cover content which proved most helpful. Ian advised me on the computer work associated with preparing the text for publication. I am grateful to these individuals for their important assistance.

      I want to thank Steve McLean for his feedback and advice regarding applications for this book project.

      The support of my wife Mary Jane and sons Brock and Ian made this book possible. It is dedicated to Brock, Ian and their fellow classmates who are living through their teen years, a special phase of their lives that they will remember fondly.

      Contents

      Introduction

      Chapter 1 What Is Income?

      Chapter 2 How Often Do You Have to Pay a Bill?

      Chapter 3 What Is a Mortgage and How Does It Work?

      Chapter 4 What Is a Good Interest Rate?

      Chapter 5 How Do I Figure Out How Much Income I Need?

      Chapter 6 What Does It Mean to Have Financial Security?

      Chapter 7 How Do You Invest?

      Chapter

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