Today’s world is full of opportunities. As changes occur and our society evolves, those who are well prepared will be able to take advantage of them. There are opportunities to do new things, generate new ideas, accomplish new tasks, and set new goals. Although change creates stress for many, for those prepared to take control of their lives, the future can hold much promise. Taking control of one’s life can mean many things û pursuing a good and relevant education, building personal and family relationships, setting priority goals and objectives, developing skills related to areas of personal passion (the things we love to do), and so on. Taking control of one’s life helps to instill confidence, determination, and commitment. These, in turn, can lead to accomplishment, personal success, and happiness. If we don’t take control of our own lives, we are more vulnerable to outside influences. The goals and objectives of others may lead us to where they want us to go û not necessarily where we want to go. Knowledge and skills can help people take more control. The world of money is one area where many people often feel they lack control. They may even feel they are out of control. Many, if not most, Canadians never had much in the way of financial education û at school or from parents. We hope to change that for the next generation. Schools are now starting to include financial education in the curriculum. Equipped with knowledge, skills, and experience, young people will be able to plan for, and take more control over, their money and financial affairs. The Canadian Foundation for Economic Education, in partnership with Investors Group, has produced this publication to provide youth with information that we believe will help them to better understand the world of money. We believe it will help enable them to begin to take more control over their financial future û and improve their chance of achieving success. CFEE’s primary goal is to support improved economic and financial literacy and the development of enterprising skills. In doing so, we hope to help young people be better able to undertake their economic roles, responsibilities, and decisions, with confidence and competence. It is our hope that Money and Youth will make a significant contribution toward achieving that goal.

Preface -- Acknowledgments -- Part 1: Goals, Values and Decision-making -- Chapter 1: Your Money Decisions: Who's in Control -- Chapter 2: Your Goals and Your Values -- Chapter 3: Your Goals: Some Things To Consider -- Chapter 4: Decision-making -- Part 2: Getting and Earning Money -- Chapter 5: Sources Of Income -- Chapter 6: Career Under Construction: Investing In You -- Chapter 7: Are You an Entrepreneur? -- Part 3: Spending Money and Taking Control -- Chapter 8: Money Basics -- Chapter 9: Taking Control Of Your Money -- Chapter 10: Spending On Major Purchases -- Part 4: Borrowing Money And Using Credit -- Chapter 11: Borrowing Money -- Chapter 12: Getting And Managing Credit -- Part 5: Saving and Investing Money -- Chapter 13: Putting Your Money To Work û Saving And Investing -- Part 6: Protecting Assets And Planning For The Future -- Chapter 14: Protecting Assets û And Planning For Financial Independence -- Conclusion -- Chapter 15: That's All Folks! -- Glossary Of Terms -- Index.