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5 Tools for Building Youth Financial Literacy

A calculator and pencil sit next to a pile of receipts.
1. Budgets. A budget can serve as the cornerstone of personal finance, but making (and sticking) to one can be tough for young people struggling to earn a steady paycheck or still adapting to new expenses. The financial literacy curriculum All My Money recommends teaching youth to divide expenses into “needs” and “wants” to make their budget goals more realistic.

April is Financial Literacy Month, a great time to help young people get ready for new experiences like finding a summer job or taking the next step in their education. Financial literacy is also an important yearlong priority for many agencies, particularly those helping young people prepare for adulthood, funded by the Family & Youth Services Bureau.

In this slideshow, we highlight tools that can help youth achieve financial independence, and share helpful tips for adults working to instill good decision-making.

Learn More

"Bright Idea: Teach Unaccompanied Youth to Live Within Their Means" [includes link to the "All My Money" curriculum]

"Exploring Whether and How to Help Youth Be Their Own Bosses"

"Give Youth the Keys to Their Financial Futures" [includes link to the "Keys to Your Financial Future" curriculum]

"A Website That Helps You Help Young People Navigate Federal Student Aid" [includes link to the Department of Education's financial aid toolkit]

"Bright Idea: Teach Young People to be Cautious Consumers"

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