Financial Literacy | Empowerment Video | Career Girls
What do you want? What do you need? Understanding what you want and what you need is a big part of learning about finances. Finance has to do with how people manage money, and the role models in this video share some good advice about managing your money. Whether it’s birthday or babysitting money, you’ll learn that putting some of it away will pay off later. (You might even discover that you’d enjoy a career in finance so you can manage other people’s money!)
Role models in order of appearance: Keisha Perry, Alicia Masse, Karin Schmitz, Katherine Giscombe, Ph.D., Eliza Sorise-Sawyers, and Whitney Johnson.
Transcript:
Financial literacy is the foundation of how you will be able to provide for yourself now and in the future.
It gives you freedom to do the things that you want to do in life.
Get a checking account and be accountable for the money that you spend.
You need to understand what you want versus what you need.
It’s really never too early to become a disciplined worker, and you need to look at the earnings from that job to really think about how you can use those earnings to build your financial future.
So any birthday money you get, or if you have graduation money or babysitting money or money from your summer job, put some of it away, and it will pay off later.
So I want you to live on a budget, be frugal, and then I want you to take that money that you’ve saved and build wealth.
Building wealth is all about how to create and maintain the ability to grow your financial resources.
It will give you a sense of independence, and it will give you the ability to make your own purchasing decisions, which is invaluable.
One of the things you can do as a young girl is you can start to invest. You can invest in Disney. You can invest in Apple. You can invest in Abercrombie & Fitch. There’s a book that just came out called Warren Buffett, who is one of the richest men in the world– called Warren Buffett Invests Like a Girl. Well, you’re that girl. So why don’t you go out and invest? Because maybe in 30 years, people will be saying, “So-and-so invests like you.”
Use the Career Girls Resources to learn more about how to make your earnings grow.
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