THE LITTLE ECONOMIST

This book is dedicated to children between 12 - 18 years old. I believe it is important that we have young people who care about the future of society and their financial curiosity confirms to me that this is an important subject for them.After many months of research and several discussions with people of all ages, I have realised that this book would also be useful to all adults who never had a chance to meet someone with enough experience to explain to them what is going on in the economic environment.I have explored ideas about the European Economic development in this book, and specifically about what happened after Romania became a democratic country. You will also find practical things - you will learn that Maths doesn't just mean complicated formulas and that even if you didn't like it in school I will not let you close the book until you understand exactly how to correctly save money using primary school Maths.Every day people borrow money to fulfill their different fantasies. Usually, they spend it in a short period of time, but when it comes to paying, they do it sometimes over a lengthy period of time; that's when they realize that their debt has grown considerably throughout the years and that is the hardest bit to live with. You can do it differently, though. If you save enough money and, in enough time, you have the possibility to fulfill your dreams just as easily. It's not wrong to dream but you must be aware when and how you can maintain them financially.In this book you will find out:About debts and savings;What monetary growth means;How national currency appeared;What interest means, how to calculate the interest rate, about percentages and borrowing in percentages;What the role of time in financial investments is;What the benefits of paying taxes in the country you live in are, about the economic cycle in a healthy society or the economic spiral of the state - what the state does with the tax money.Why the European states decided to start the European Union.