Financial Literacy to Understand Money: Life Skills for Young Adults and Senior School Students aims to empower youth by teaching them essential financial skills and helping them to understand how money works.

It is a comprehensive guide to basic financial matters for young adults full of working examples.

It covers the six key areas you need to understand to make better informed financial decisions: managing your money, borrowing, taxes, insurance, investments and protecting your money.

Areas covered include compounding and budgeting; banking accounts; loans such as credit cards; Australian Government, State Government and Local Council taxes; insurance policies; valuations of basic assets to invest in to grow wealth and being careful with your money.

The book highlights what questions need to be asked when making financial decisions and its key focus is on financial calculations.

Difficult concepts are explained simply, such as superannuation with contributions, tax and accumulation, student loans with indexation and repaying student loans.