On the Money Fall 2011

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Letter from the Editor Dear On The Money readers,

This magazine is fully dedicated and completely fashioned towards you and your monetary needs as a Chicago teenager. As a 17-year-old living in the city I know what it’s like to go out to eat and reach into the depths of my pocket to only uncover a few measly dollars. The articles in this 2011 edition of On The Money seek to help you both save and earn that much needed money. If you’re a video game fanatic or pet lover there’s advice for you. If you’re a bookworm or an aspiring engineer, read on. There’s a little bit of everything for everyone in this edition, all aimed at helping you! Becoming money smart is a process and it can begin now by applying the financial literacy tools in this magazine!

Interns

Good luck, Jordyn Holman

Jordyn Holman - Editor & After School Matters Ambassador Walter Payton College Prep, Grade 12 Lawerence Riley - Graphic Design Editor North Side Prep, Grade 10 Jhalil Gafeney - After School Matters Ambassador Ace Technical, Grade 12 Maribel Arellano Alex Mitchell University of Illinois at Chicago, Whitney Young, Grade 10 Gage Park Graduate Justin Mitchell Kamal Bilal Whitney Young, Grade 10 Whitney Young, Grade 10 Edna Patterson Jackson Beard Muchin College Prep, Grade 9 Walter Payton College Prep, Grade 11 Nina Ridgner Darius Clay Perspective Charter School IIT Math Chicago Talent Development, Grade 11 and Science Academy, Grade 11 Stephanie Greene Dexter Sullen Walter Payton College Prep, Grade 11 Paul Robeson, Grade 10 Jai-Michael McMillian Jada Williams Southshore International Innovation High School, Grade 11 College Prep, Grade 9

Thank you to our program parterner Contents 3 4 5 6 7 8 9 10 11 12 13 14 15 16

About On The Money

On The Money magazine is written by teens forother teens. On The Money covers business, finance, credit, saving and more...providing real world experiences and resources that can help students learn to meet their money and career goals. On The Money is provided by the Economic Awareness Council through collaboration with True Star Magazine, the Office of the City Treasurer of Chicago, Stephanie D. Neely, After School Matters and the Chicago Public Library

About the EAC The Economic Awareness Council is a financial education non-profit organization that services over 11,000 individuals each year with programming for students and families. On The Money Magazine would like to thank HSBC - North America, State Farm Insurance Companies, and the Charter One Foundation for their sponsorship of this issue.

Letter from the City Treasurer of Chicago Teen Guide to Saving Accounts Building Financial Dreams Differences Between Stocks & Index Funds/Jobs You’ll Like That Still Pay Well Investment Banking: A Big Investment, A Big Reward Gaining While Gaming Engineers Giving Back to the Community Socially Conscious Businesses/Math and Science: Business and Engineering Saving Abroad See Chicago for Less How much does it cost to have a pet? Cars: the Full Guide New Year, New Read, New You/ Getting the Most Book for Your Money Take the Young Illinois Saves Challenge/ In the Know

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