Together, matches can start having conversations and exploring resources around financial literacy. Whether a small business owner, entrepreneur or you are earning money through employment, understanding how finances work is important. This includes saving, credit, budgeting, investing and more. Here you will find some helpful resources for you and your match to explore financial literacy together.
Credit Score - what goes into your credit score and how to improve it. Credit is important for securing housing, buying a car or applying for loans.
Savings - paying yourself first.
Greenlight Card for Kids - A debit card for youth monitored by parent/guardian to practice saving, and it is an app. Three accounts in one: checking, savings and a giving account to donate to charity.
Investing in Stocks - letting your money work for you.
BusyKid - An app that allows youth to put in money from chores, part time work, etc and invest in stocks. They can invest a little amount to learn about the importance of investing their money. Helpful article surrounding this
Other Resources
Financial Literacy for Youth - links for activities, workshops, and curricula designed for youth to learn about financial literacy
Do you currently have a bank account? What do you know about bank accounts?
If yes, what do you use it for?
If no, would you be interested in getting one or would your parent/guardian allow you to have one? Why would you be interested in having a bank account? How would it help you reach your goals?
What do you know about credit and credit scores? Why is a credit score important/what does it allow you to do?
Why should you save money?
How much of your paycheck do you think you should put into savings each month?
What is something you would like to save for and buy in the future?
What do you know about budgeting? How do you think a budget would be helpful?
What is a stock? What does it mean to invest in a stock?