 |
|
The bad news is that you’ve probably got a million questions
about money at this point. Am I a spender or a saver? How much
allowance is reasonable? How much money should I be saving for
college? Should I get a credit card?
The good news is that you and your parents are the only ones that
can answer those questions. Each individual is different. That’s
why they call it PERSONAL finance.
And one more bit of good news. There are plenty of places on the
web to do the research you need to answer those questions for yourself.
Some of these web pages are sponsored by financial institutions.
We do not endorse any of the sites in the list or their sponsors.
NOTE: Clicking these links will open a new
browser window.
Personal Finances:
Figure
This! Math Challenges for Families, sponsored by the National
Science Foundation, offers math challenges for kids. Check out
their challenge index at http://www.figurethis.org/challenges/challenge_index.htm
to see which ones relate to money and personal finance.
FirstGov
for Kids Money Page, a comprehensive web site, sponsored
by the federal government of government and private sites devoted
to helping kids understand concepts related to money.
Jump$tart
Coalition’s Education Data Base, a searchable collection
of online, print, and video materials for helping your kids learn
about personal finance.
Federal Trade Commission’s Consumer
Protection Children’s Issues, a link to online brochures
about many personal finance issues, such as credit cards, 900 telephone
numbers, and online buying.
The
Young Investor, a look at investments for young and old,
sponsored by Liberty Financial.
About
Money and Children, Cooperative Extension Service, University
of Nebraska-Lincoln.
SmartStart’s
Allowance Room: In this interactive game sponsored by the
Canadian Imperial Bank of Commerce featuring allowances, kids explore
“must-have” items, find out their cost, and determine
how long it’ll take them to save enough money to pay for them.
BLS
Career Information: Find out about tons of specific jobs—exploring
what workers do, what the job is like, how to prepare for the job,
what the future of these jobs is like, what the job pays, similar
jobs, and links to information about the job. Covers everything
from Architect to Zookeeper, and everything in between.
Jump$tart’s Reality
Check: Do your kids think they're going to move out into
their own apartment, join a gym, go clubbing, and drive an SUV?
Let them try Jump$tart Coalition's Reality Check to see what all
their dreams will cost.
Moneyopolis:
A pro bono effort by Ernst & Young LLP, Moneyopolis helps kids
enhance their basic math and finance skills. The game incorporates
a “virtual city” in which children move through various
financial planning centers, managing money and working toward defined
goals.
Wise Pockets:
A koala bear named Wise Pockets tells stories about responsibility
and other financially-related values for younger children. At the
completion of the story, users answer questions about the story
and a re rewarded with printable activities and game memorabilia.
Test
your Money Smarts: The Securities and Exchange Commission
has set up this site to help you assess what you know and what
you need to know.
KidsBank.Com
is a tutorial website brought to you by Sovereign Bank that explains
the fundamentals of money and banking to children. Characters such
as Penny and Dollar Bill tell kids stories about the history of
money and the fundamentals of saving, spending, and investing.
Allowances:
The
Allowances Site at Kid’s Money, featuring: “Give
’Em An Allowance!” By David McCurrach, at the Kids’
Money site.
Parents See
Allowances As An Educational Tool, By Amy Nathan at the
Kids’ Money site.
The Kid’s
Money site on allowances.
CIBC
SmartStart pages, sponsored by the Canadian Imperial Bank
of Commerce.
Planning for college:
More Information on Qualified
State Tuition Programs, a comprehensive site about the
full scope of these savings programs.
How
to Save Money for College, from Educaid, one of the top
educational money lenders.
Preparing
Your Child For College, an online version of the U.S. Department
of Education’s resource book for Parents.
Looking for a job:
YouthRules,
a splashy site for kids sponsored by the U.S. Department of Labor.
Fair
Labor Standards Act, an online guide to explore wages,
working conditions, and other information for young workers.
Handling credit:
Student
Credit Cards: Establishing an A+ Credit History: A good
look at credit for young people, created by StudentMarket.com,
Inc. in conjunction with the Credit Counseling Service of Southern
New England, including a clear explanation of interest rates, grace
periods, annuals fees, etc.
Choosing
and Using Credit Cards, a publication by the Federal Trade
Commission.
Ready,
Set, Credit, a publication by the Federal Trade Commission.
Students
and Credit Cards, an article in Consumers’ Research
Magazine.
|
 
|
|
  
|
