The bad news is that youve 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. Thats
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
BizKid$ celebrates junior entrepreneurs and entrepreneur wannabees with plenty of chances to learn about and practice good business skills. The site is a companion to a new series on finance designed especially for kids and features lots of info, blogs, games, and much more. Tune the show in on your local PBS station.
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.
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.
Coalitions Education Data Base: A coalition of diverse financial education stakeholders that work together to educate and prepare young people for life-long financial success.
Young Investor, a look at investments for young and old,
sponsored by Liberty Financial.
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 itll take them to save enough money to pay for them.
BLS Career Page for Students: Explore careers, review maps and charts about careers, and watch videos that profile careers.
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.
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
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.
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.
Articles for parents about allowances feature several informative articles.
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.
to Save Money for College, from Educaid, one of the top
educational money lenders.
Your Child For College, an online version of the U.S. Department
of Educations resource book for Parents.
Looking for a job:
a splashy site for kids sponsored by the U.S. Department of Labor.
Labor Standards Act, an online guide to explore wages,
working conditions, and other information for young workers.
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.
and Using Credit Cards, a publication by the Federal Trade
and Credit Cards, an article in Consumers Research