Most teens learn about managing credit and other financial matters from their parents. But with the average American family carrying more than $7, 000 in credit card debt, teens clearly need additional sources of information about personal finance. In this book, the author shares ten simple rules, or "secrets, " for managing bills successfully and avoiding the debt trap. With clear explanations, a helpful glossary, and fascinating financial facts, it can help teens build a foundation for a healthy financial future.

You might not need a credit card -- Read the fine print -- Due dates matter -- Paying the minimum is a major mistake -- Read statements and bills -- Keep that bill: at least for a while -- Cash advances are too good to be true -- Pick up the phone -- Be careful with personal information -- Always think ahead.