Economy and Kids!

America's economy is dependent upon the buying and selling of goods and services. We make purchases every day, hence the title, "consumer".

As a consumer you have specific rights and responsibilities and are an important part of the American economy.

Modern teenagers are making more money and buying more "stuff" than any other generation. This reality has created a marketplace that advertises products directly to teens, and navigating through this market without being scammed is tough. Check out the information on these pages, and keep your antennae tuned for all those deals "too good to be true."

Knowing how to secure your financial well-being is one of the most important things you’ll ever need in life. You don’t have to be a genius to do it. You just need to know a few basics, form a plan, and be ready to stick to it. No matter how much or little money you have, the important thing is to educate yourself about your opportunities.

If you’re like many parents, you probably dread talking to your children about certain subjects. If you’d rather talk to your kids about the birds and the bees than about money, here’s some information and tips that may make it easier for you.

The Federal Reserve System, also known as "The Fed," is the central bank of the United States. In its role as a central bank, the Fed is a bank for other banks and a bank for the federal government. It was created to provide the nation with a safer, more flexible, and more stable monetary and financial system. Over the years, its role in banking and the economy has expanded. The Federal Reserve System is a network of twelve Federal Reserve Banks and a number of branches under the general oversight of the Board of Governors. The Reserve Banks are the operating arms of the central bank.