Money Fundamentals

Overview

This website will help you learn to manage your money, instead of letting your money manage you. Learn more about this website.

Managing your money is not just about getting rich, it is about your relationship with money. It is about having the confidence and financial skills to make informed decisions about money. It is about your financial well-being.

When you first start to manage your own money, there are some important things you need to know. The goal is to be sure you can get what you need to live independently and with security and the freedom of choice.

In this topic, you will:

  • Learn the difference between needs and wants,
  • Think about your money values,
  • Review your money habits, and
  • Make a plan to use smart money habits to reach your goals.

Financial Well-Being is the ability to meet all financial needs, today and over time; feel secure in the financial future; absorb a financial shock; and have the financial freedom to make choices to enjoy life.

(source: CFPB)

A students is listening to their teacher and has a pencil in their mouth.
Growing Together Aquaponics student working on a worksheet in Cents and Sensibility.

At the end of this topic, you can see what you have learned and think about how you plan to use your new knowledge. Complete the quiz on the Let’s Review page to earn your Money Fundamentals Badge.

Cover shot of Cents and Sensibility - 8th edition.

Cents and Sensibility: A Guide to Money Management

This topic corresponds with Chapter 1: Let’s Get Started in the book Cents and Sensibility: A Guide to Money Management. Learn more about Cents and Sensibility.