This booklet on savings and investment, 1 in a series of 12, covers all the basic aspects of personal- and family-money management. Suitable for use by high school and college students as well as adults, this handbook shows how to develop a savings and investment program based on present and future needs and goals. Section 1 overviews savings and investment stages that are characteristic of the life cycle of most individuals and families. Section 2 discusses different forms of savings and characteristics of each form: bank accounts, savings accounts in savings and loans associations, government savings bonds, credit union shares, life insurance, annuities, social security in the United States, income security programs in Canada, and pension and retirement plans. These forms of investments, described in section 3, are investments in oneself (education), investments in durable goods, and investments in income-producing assets (securities, real estate, and ownership in businesses). Section 4 looks at personal net-worth statements as overall pictures of financial standings that are useful in planning future savings and investment programs. (YLB)