Money & Youth


 

 

In this “fast-food” society learning concepts as basic as a savings account, how to use an allowance, or even tax concepts for a high school aged child with a summer job are important for the next generation

 

Find the perfect site below to teach money concepts in fun ways to your children, teenagers, nieces or nephews and grandchildren!

 

 

www.youngmoney.com

A site that reads like a magazine! Written primarily by student journalists you’ll find the focus is mainly money management, entrepreneurship, investing, etc. Looking to consolidate credit cards or student loans? Read articles and run calculators on current debt and get recommended sites for possible consolidation companies and tips.

 

www.umsl.edu/~wpockets

Produced by the Center for Entrepreneurship and Economic Education at the University of Missouri - St. Louis this site targets teaching money concepts to children. The site is colorful and easy to navigate and is separated into a        Clubhouse for children, Treehouse for parents and Schoolhouse for teachers. Work with your child or get tips on how to introduce concepts on money that will become real to them. Remember, even if you aren’t a teacher the Schoolhouse has a list of lessons that can be printed and even includes instructions on how to complete your “student” assessment.

 

www.icief.org/index.html

An interactive web course, Investing for Success, targeted to African Americans to build knowledge and encourage long-term financial planning for children’s education and retirement. The course is broken down into 10 units and should take no more than 2 hours. Another benefit of this site is that it is a self-paced course.

 

www.consumerjungle.org

A non-profit organization established as the result of a class action lawsuit against the Sears Corporation designed to turn high school students into savvy consumers. The home page has a list of the 50 top common financial pitfalls. There are also quizzes, worksheets and resources available for purchases as large as a car and as small as a cell phone.

 

www.younginvestor.com

Developed by Columbia Management this site is designed for kids, teens, parents and teachers. Each category is broken down into sections; Invest It, Plan It, Earn It and Play It. This site is easy to navigate and includes a wealth of information regarding the stock market, mutual funds, etc. and for teachers the information is broken down by grades.

 

www.familyeducation.com

This site provides information for the whole family! Expecting a baby? Search for baby names. Need a recipe for an upcoming gathering? Find something new to try. Bought a toy that may have been recalled? See the list. Traveling soon? Have fun on the road.

 

www.ItAllAddsUp.org

Are you a parent of a teenager? Does your teenager have an interest in planning for their future financially? This site works like a fast paced game. The topics to choose from include credit cards, college choices, saving & investing, as well as budgeting.  You will learn as you go no matter what your age but for a parent of a teenager preparing to graduate high school or attend college this may be a valuable way of helping them understand the kind of costs that you and they too, may have to bear.

 

www.ja.org

The Junior Achievement Worldwide student center is a small “campus” that will help you make decisions on where to go to college, how to pay for college, plan a business, etc. It is also a resource if you are looking to invest in your community through an educational program.

 

www.msgen.com

Money Savvy Generation was founded by Susan Beacham with her husband Michael to teach money management principles to elementary age children. If you are an HR manager plan your company’s next Bring Your Child To Work day with the help of Money Savvy Generation and make it a year no one will forget. Looking for a financially geared gift for a child or teen? Be sure to check out the Money Savvy Pig bank that teaches saving, spending, donating and investing all with change! (You know; the copper and silver stuff!) For teens/college students give them a gift of a CardGuard and Purchase Tracker to help them, and you, manage their money and protect their cards at the same time.

 

www.choosetosave.org

A program of the Employee Benefit Research Institute’s Education and Research Fund in Washington, DC, includes brochures, calculators and resources for teaching and learning ways to save. Under resources there are numerous links to information such as changing jobs, divorce, and marriage.

 

www.jumpstart.org/realitycheck

The Jump$tart Coalition was formed specifically geared towards enriching education curriculum for K-12 to ensure basic personal financial management skills are attained. Have your teen take the “Reality Check” where they can enter what type of lifestyle they think they would like to lead and what it will cost them. This site has information where you can direct your children, look at for yourself, or if you own a business, are an educator or are active in your community help develop a program.

 

http://www.whatsthecost.com/snowball.aspx

Do you have some troubling credit cards or student loans you just can’t seem to manage to your satisfaction? Feeling like they’ll never go away?! Visit this comprehensive site and enter basic information such as APR, payment amount and whether you’d like to pay more or less. It will run a calculation that prioritizes by either % or balance with a simple amortization of which one to tackle first. Struggling with whether student loan consolidation is the right choice? Get advice!

 

www.Econ4u.org

Once again a website that offers practicable advice for teens to adults. Preparing for college? Learn about student loans, grants and scholarships. Looking to start a small business? Take a quiz on entrepreneurship and see if you make the grade!


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