Financial Management for Teens and College Students by J. Steve Miller

[50reader]

Thanks "managerofwealth"! I looked at a couple of your videos with interest as well. Good job! I've actually recorded some of my longer teaching segments to young people and may put them up in segments at a later time.

[managerofwealth]

This is actually a very helpful video for youth, if they could start early they could better know what to do in the future.. I like you Steve... Keep it up.. Upload more videos!!

[avataz]

This kind of crap just makes me laugh. I've had credit cards since I was 18 and never paid a dime in interest or late penalties. Don't charge what you can't afford. Bunch of dummies

[50reader]

@avataz , not sure what you're referring to, since this video didn't mention credit cards. It did urge young people to not get outlandish loans and overburden themselves with debt. Some people can use credit cards wisely. But if you find yourself not being able to pay it off totally each month, that's when you're getting into trouble. Also, people tend to spend more with credit cards than with cash. Perhaps not everyone, but something to watch for.

[tedfreeway]

When was the market average 10 freaking percent!?!?!

[MrMagicMan45]

It's been that for the past 70 years or so. Of course, any given year or even set of 5 or even more years, it can be down much more or up much more. That's why stocks are best invested in for the long haul, not for the short run.

[PersonalFinanceMoney]

@tedfreeway since inception, mutual funds (growth) have done over 10%. But when you invest it is in time frames...thats how it averages out.