Your Money Archives - Page 13 of 18 - Wharton Global Youth Program

These days the business of art is a high-priced game that favors big-name collectibles, such as Andy Warhol’s “Statue of Liberty” and Mark Rothko’s “No. 1 (Royal Red and Blue).” And while auction powerhouses Christie’s and Sotheby’s expect a busy November, the global art market is feeling the effects of a weak economy. …

Masterpiece Theater: Christie’s, Warhol’s Lady Liberty and the Art Auction Market

Do you have your own bank account? If you do, or if you’re thinking about opening one, you are no doubt on a path to financial fitness. Bank accounts help you save and budget your money and, more importantly, they help illustrate a fundamental financial concept: You can only spend the money you’ve got.…

Opening a Bank Account: Be the Boss of Your Own Money

E-commerce has brought the world of retail possibilities into our living rooms. It’s no wonder that teens spend $200 billion a year shopping online. But without the touch of the merchandise, it can be easy to make rash decisions, and later end up with buyers’ remorse. Take the time to do some bargain-hunting on the web, and stick to your budget.…

A Smart Virtual Cart: How to Be a Savvy Online Consumer

Credit Alert: The Dangers of Overspending and Underpaying

Sharing Your Income with Uncle Sam: The Realities of Taxation

You think acing your SATs is important? When it comes to your personal finances – today and in the future – a high credit score is even more valuable. While you may not be able to get your own credit card right away, you can start building a strong credit history today.…

Take Command of Your Credit Score

Knowledge@Wharton High School spoke with Wharton professor Mauro Guillen, an expert on world economies, to better understand the European debt crisis. …

Pressure Mounts in the European Debt Crisis

With a backdrop of cheering family and friends, high school seniors are filing across stages this month to receive their diplomas and head off in new directions, either into the workforce, toward college or perhaps both. More than three million students in the U.S. are expected to graduate this year from high school – that’s a lot of “Congratulations Graduate!” greeting cards. Will yours be stuffed with cash? Graduation is a $4-billion-plus business – and growing. …

Money and Mortarboards: The Growing Graduation Business

Learning how to budget is a key way to avoid being saddled with debt, and allows you to be more in control of your finances. High school student Nicholas Bakke is using his budgeting skills these days to save up for an iPad. Purchase the items you want, says Bakke, but only after you can afford them. What’s your goal?…

Budgeting Basics: Spending Less than You Earn

In April, which also happens to be National Financial Literacy Month, Knowledge@Wharton High School traveled to Amsterdam in Holland for the Child & Youth Finance International summit. While there, we sat down with Tom Rosen Jacobsen, a 10th grader from Amsterdam, to talk about the more than 70 youth from 40 countries participating in the event, and the challenge of agreeing on policy recommendations even when you don’t speak the same language. …

Building Up Those Bank Accounts: An Amsterdam Student’s View on Global Financial Literacy