Please see the information below from:
Kim Ward
Communications Specialist
The Office of West Virginia Treasurer John D. Perdue
- It’s Money Smart Week across the state! To help make you money smart, The West Virginia State Treasurer’s Office offers this financial fact:
Did you know—many students get their first credit card before they even go to college?
A good rule of thumb to help control credit card debt is to try and pay off your balance each month. If you only pay the minimum payment each month it could take more than ten years to pay off just $1000 in debt.
- It’s Money Smart Week across the state! To help make you money smart, The West Virginia State Treasurer’s Office offers this financial fact:
Each year, more than $13 billion is processed through the Treasurer’s Office.
How much is that? Well if you took 13 billion one dollar bills and put them end to end, it would go around the earth almost 52 times.
- It’s Money Smart Week across the state! To help make you money smart, The West Virginia State Treasurer’s Office offers this financial fact:
Have you started thinking about possibly going to college after high school? Studies show people who receive a college degree or other form of educational training earn one million dollars more in their lifetime than those who do not have a higher education.
- It’s Money Smart Week across the state! To help make you money smart, The West Virginia State Treasurer’s Office offers this financial fact:
If you have money—even if it’s just from an allowance—you can make a savings plan.
First, your saving goal has to be realistic. Odds are you won’t save enough money from allowance alone to buy a new car when you turn 16.
Next, be specific. Decide how much you want to save and what you are saving it for.
Set a deadline. I want to save enough by the beginning of the new school year.
Then take action. Decide how you will save. Like giving the money to your parents for safekeeping or starting a savings account at the bank.
- It’s Money Smart Week across the state! To help make you money smart, The West Virginia State Treasurer’s Office offers this financial fact:
Creating a budget is simple.
First, make a list of any money you receive each month. Include allowance, any money you earn from chores or odd jobs, birthday money, etc.
Next, make a list of everything you spend money on each month. Things like movies, clothes, music, and snacks.
Now, take the total amount of money you spend each month and subtract it from the total amount of money you make each month to see if you have a balanced budget.
- It’s Money Smart Week across the state! To help make you money smart, The West Virginia State Treasurer’s Office offers this financial fact:
If free really free? If someone is offering you something for free, there’s usually something in it for them. A free t-shirt is probably an advertisement. A free web service is likely littered with ads. If you learn to recognize why things are being given away for free—or really cheap—you’ll be able to make smarter decisions about buying things and recognizing a truly good deal.
The views and opinions expressed herein are those of the author or organization represented and do not necessarily reflect the views of the WVDE, or its employees.
Robert “Joey” Wiseman Jr.
Assistant Director
Instructional Materials
Social Studies
WVDE Office of Secondary Learning
Social Studies Resources 