Teens & Money
Strong financial knowledge and skills are critical to future success. Down the road, when today's teens head off to college or begin careers, they will face choices and responsibilities that will have long-term effects on their financial futures. They must be prepared to make wise decisions about earning and spending, credit and budgeting, and saving and investing.
Taylor & Tyler
Careful financial planning helps you meet your charitable goals. Volunteering is important, too! Watch the video:
Start a new business and learn about revenues, expenses and the break-even point. Watch the video:
See how fast $25 earning compound interest can add up. Time is money! Watch the video:
Download the Taylor Compound Interest Poster (PDF 325 KB)
See how fast credit card interest can grow. Budget your money! Watch the video:
Download the Tyler Poster on the Cost of Debt (PDF 399 KB)
Buying a car can be more expensive than you think. Start saving now! Watch the video:
Want your own apartment? Begin with a monthly budget! Watch the video:
How Fast Will Your Savings Grow?
Plug in your numbers to see how fast your savings will grow using various interest rates and time periods. Go to the Savings Calculator.
The Power of Compounding
Regardless of the type of investment, saving regularly and reinvesting your interest income can turn even modest amounts of money into sizable investments through the remarkable power of compounding.
Your goal is to successfully manage your money throughout life, until you achieve your "big dream." To win, keep careful track of your finances, pay your bills on time, and take care of all the little day-to-day things that can impact your finances. Want to know more? Check out the preview or dive in and play.
The Gen i Revolution
This competitive online game includes 15 missions in which students complete a variety of activities to beat back the insidious "Murktide"—a mysterious infestation that is causing confusion about basic personal finance principles. Developed for middle and high school students, Gen i Revolution was created by the Council for Economic Education with a grant from the FINRA Investor Education Foundation. Join the Revolution.
Learn More about Compound Interest
These lesson plans explore the mathematics behind compound interest and compare annual percentage rate and annual percentage yield. The lessons get progressively more challenging as the students get older, beginning with middle school and continuing through high school.
Assessment Answer Sheet:
Now You Try Worksheet:
Now You Try Answer Sheet:
Teacher Work Sheet:
More Money Math
These lessons also address the mathematics of personal finance.
Understanding the Break-Even Point:
Calculating the True Cost of Owning a Car:
Creating an Emergency Fund:
Understanding Opportunity Costs:
Revenue, Expenses and the Break-Even Point:
- Lesson Plan (PDF 133 KB)
- Student Document (PDF 190 KB)
- Assessment (PDF 59 KB)
- Stock Quote Supplement (PDF 223 KB)
Money as You Grow
This website, developed by Beth Kobliner and the Youth Subcommittee of the President's Advisory Council on Financial Capability, offers 20 essential, age-appropriate financial lessons that kids need to know as they grow. Written in down-to-earth language for children and their families, Money as You Grow will help equip them with the knowledge they need to live a fiscally fit life. Visit the site.
Financial Literacy Training for High School Students
Download eight independent instructional modules and handouts developed by The Center for Financial Studies at Southern New Hampshire University with a grant from the FINRA Investor Education Foundation.
- Asset Allocation and Security Selection (PDF 210 KB)
- Creating and Monitoring a Diversified Stock Portfolio (PDF 102 KB)
- Internet Resources for Bond and ETF Investors (PDF 114 KB)
- Investing in Equity Mutual Funds (PDF 120 KB)
- Investing for Retirement (PDF 117 KB)
- Personal Financial Statements (PDF 137 KB)
- Portfolio and Risk Management (PDF 102 KB)
- Selecting a Financial Advisor (PDF 101 KB)
NEFE High School Financial Planning Program
While most financial education programs focus on subjects to be learned, this widely used program turns the focus on the students, so the curriculum isn’t about creating a budget, it’s about creating their budgets, their financial plan, their saving plan. This makes the lessons personal and helps the students immediately apply what they are learning. Visit the site.