Volume 1, Issue 2 - Fall 2024

Hey  Junior Investors! Summer’s officially over and we’re all back in the  grind. But just because school’s in session doesn’t mean you can’t make  moves with your money. In this issue, we’ve got everything you need to  level up your financial game while balancing school, sports and social  life. Let’s dive in!

Back-to-school  shopping can drain your wallet if you’re not careful. But don’t worry,  here’s how to stay on top of your spending while still getting what you  need:

• Essentials First, Wants Later: Grab what you actually need—school supplies, textbooks, maybe a fresh pair of shoes. Save the “nice-to-haves” for later.
• Score Those Discounts: Always check for student discounts and online coupon codes. Seriously, brands want your business!
• Second-Hand Wins: Need a new jacket or textbooks? Check out thrift stores or apps like  Depop, Poshmark or even Facebook Marketplace to score some great deals.

The  holidays will be here before you know it and don’t forget about  homecoming season! Instead of waiting until the last minute, start  saving now:

• Set a Goal: Whether it’s for homecoming tickets, a new outfit or gifts, figure out how much you need and save a little each week.
• DIY It: Get crafty! You can DIY your way to cool holiday gifts or homecoming decorations for way less money.
• Part-Time Hustle: Fall is prime time for side gigs. Offer tutoring, babysitting or even  sell your old clothes online to make extra cash for your goals.

Thinking about investing but not sure where to start? Let’s break it down:

• ETFs (Exchange-Traded Funds): Think of an ETF like a playlist of your favorite songs. It’s a mix of  different investments (stocks, bonds, etc.), so if one doesn’t perform  well, the others might keep things steady. Lower risk, more balance.
• Stocks: Buying individual stocks is like choosing your favorite song to play on  repeat. It’s fun when it’s good, but if that company tanks, you feel  the pain. There is more risk, but there is potential for big gains.
• Which Should You Pick? If you’re just starting out, ETFs are like the "safe playlist" of  investing—less risk. If you’re up for more research and want bigger  returns, try your hand at stocks.

You’ve  probably noticed that things like food, clothes, and even concert  tickets are way more expensive than they used to be. That’s inflation in  action and here’s what you need to know:

• What’s Inflation? It’s when prices for everyday stuff go up over time. That $10 hoodie you bought last year might cost $12 now.
• Why Should You Care? If prices keep going up but your allowance or paycheck stays the same, your money buys less. That’s a problem.
• How to Beat It: Start saving and investing! Over time, investments can grow faster than  inflation, which means your money holds its value (or even grows) while  prices rise.

Q: How can I stay motivated to save when there’s so much I want to spend on?

A: It’s all about balance! Set a big savings goal, but allow yourself some  “fun money” for small splurges. Use apps like Zogo or Piggy to track  your progress and reward yourself when you hit milestones. Also, think  about what you really want—whether it’s new AirPods, concert tickets or  even a car—having a clear goal makes it easier to stick to your plan.