AdobeStock_281502699.jpeg

Personal Finance 

for Teens 

 
AdobeStock_336523398.jpeg

Making Finances Fun

Learning about finances doesn't have to be a total snoozer. 

Through these fun games, your teens will learn some valuable lessons that will serve them well for the rest of their life.

 

Plus, it's better than doing homework, right?

Games

Financial Football

Visa and the National Football League have teamed up to create Financial Football, a fast-paced, interactive game that teaches you personal finance skills through 3D graphics with audibles, blitzes and long yardage plays.

The Payoff

Play the role of Alex or Jess, two up-and-coming video bloggers who are preparing for a life-changing video competition while managing their finances and handling unexpected events. 

Bummer

Can you select insurance to help you survive a few spins on the dreaded Wheel of Bummers?

bummer.png

Shady Sam: Loan Shark

Learn the “tricks of the loan trade” as you play the role of a loan shark and try to maximize your profits.

shadysam.png

Credit Clash

Battle your way to the perfect credit score. May the cards be in your favor!

creditclash.png

Payback

You're in the “driver’s seat” as you make decisions to get to and through college.

payback.png

Stax

See the consequences of 20 years of investing decisions in just 20 minutes.

Screen Shot 2022-04-05 at 11.20.27 AM.png

Parenting Tips

Financial Literacy Tips for Ages 13+

Credit cards, investing, taxes: As your child becomes a young adult, it’s time to step up your game to help them with these complex topics and more.

 

You can help them get started with the SIFMA Foundation’s annual Stock Market Game simulation, let them take control of buying their school supplies on a budget, or help them calculate credit card interest.

Before your teen racks up any credit card debt of their own, consider adding them as an authorized user on your card. Show them that interest accrues unless the balance is paid off – and that any late payment hurts your credit score.

 

Talk about which data sources can be trusted. Share how you vet financial decisions, and urge your teen to keep digging if what they’re being told doesn’t add up. For example, if your child is researching colleges, encourage them to do research beyond reading a school’s brochure.

 

Many successful people trace their money skills back to a formative moment: getting a job as a teen. There’s no better way to experience firsthand the effect of taxes, having a boss, being part of a team and managing your time to fit in schoolwork. A seasonal job during school holidays or a part-time gig could help your teen better grasp the working world – and how they picture themselves in it.

 

Finally, come up with a savings plan for long-term goals, like a car or college tuition. You can use a budgeting app (try Goalsetter or Mint) that helps them visualize their progress, keeps spending in check and gives them a sense of ownership and confidence in their future.

“The more you learn, the more you earn.”