About
Financial Independence for Teens: A 6-Module Program Module 1: Understanding and Creating a Budget Concepts: - Income vs. Expenses - Fixed vs. Variable Costs - Needs vs. Wants - The Importance of Saving Module 2: Banking Basics & Managing Money Concepts: - How Bank Accounts Work (Checking vs. Savings) - The Role of Interest - Online Banking & Mobile Apps - How to Write Checks & Use Debit Cards Module 3: Understanding Credit & Debt Concepts: - What is Credit & How It Works - Credit Cards: Benefits & Risks - Loans & Interest Rates - A Deeper Dive into School Loans - The Impact of Debt on Future Finances Module 4: Introduction to Investing Key Concepts: - Stocks, Bonds, and Mutual Funds - Risk vs. Reward - The Power of Compound Interest - How to Pick a Stock Module 5: Completing Documentation for Your First Job Concepts: - Understanding the I-9 Employment Eligibility Verification Form - Filling Out a W-4 Tax Withholding Form - Direct Deposit Setup - Understanding Pay Stubs and Tax Deductions Module 6: Financial Responsibility & Future Planning Concepts: - Short-Term vs. Long-Term Financial Goals - The Importance of an Emergency Fund - Financial Planning for College or a First Job - Avoiding Financial Pitfalls Final Thoughts: This program is designed to provide teens with real-world financial skills in a fun and interactive way. By making informed financial decisions in a low-risk environment, they develop confidence and financial independence. The combination of hands-on activities and interactive games ensures that learning remains engaging and practical.
You can also join this program via the mobile app. Go to the app