Money skills for kids and teens

Learn what money is, how people earn it, and the three main things you can do with it: save, spend, and give.

Learn the difference between things you need and things you want, and why it helps you make smarter spending choices.

Step-by-step guide for kids on picking a savings goal, tracking progress, and staying motivated until you get there.

How allowance works, popular jar systems, and how to build good money habits when you get paid each week.

A 15-minute supermarket game to teach unit prices, comparing brands, and smart shopping with kids.

A pretend restaurant night at home. Kids order from a menu, add tax and tip, and stay within a budget.

A teen-friendly explanation of compound interest, how savings accounts and investing differ, and why time beats timing.

What to expect from a first job or side gig: gross vs. net pay, basic taxes, and how to split your earnings.

How to track money in and money out, build a simple teen budget, and avoid running out before the month ends.

A teen project: buy something secondhand, improve or resell it, and track profit or loss like a mini business.

A bingo-style game for teens: spot bill types, guess amounts, and build a practice monthly budget.

Practical ways parents can teach kids about earning, saving, spending, and giving, with age-appropriate activities and free tools.

When to open a savings account for your child, custodial vs. joint accounts, youth banking features, and how to teach saving alongside the account.

How parents open custodial brokerage accounts for kids, what UGMA and UTMA mean, simple index-fund investing, taxes, and when investing beats savings.

How parents can save for college with 529 plans, Coverdell accounts, and custodial savings. Tax benefits, financial aid basics, and when to start.

Open a custodial Roth IRA for a child with earned income. Contribution rules, what counts as income, tax filing basics, and why starting in the teens pays off.