Eleven Sites That Educate The Kids On Money Management

 As a follow up to the January 10th post here are 11 websites that are musts to aid the kids when learning about money. Some of the sites have quizzes, tests, puzzles, and online lessons; others have games, Q&As, videos, simulations, and print outs for use off the computer.

 Learning Bank: Federal Deposit Insurance Corporation (FDIC)

Website for grades K-12 created to educate and entertain children, teachers, and parents.

Banking on our future www.bankingonourfuture.org

Registration required-Operation HOPE's financial literacy program for grades 4 through 12. Learn about the basics of banking & credit unions, checking & savings accounts, insurance, credit and investments.

TheMint.org is a website that provides teachers and parents with resources to educate children about money management. 

The National Endowment for Financial Education NEFE is a nonprofit organization focused on providing financial education to mostly teens but also children of all ages.

National Endowment for Financial Education: Teen Resource Bureau

 The program is dedicated to improving financial literacy among teens. This website encourages teens to take an active role in understanding the basics of personal finance.

Practical Money Skills for Life www.practicalmoneyskills.com

This is a website sponsored by Visa and has lesson plans for preschoolers to college that helps students practice better money management. This website has Home based Financial Literacy resources for adults, parents, and children.

Federal Reserve Board: Kids Page www.federalreserve.gov/kids

This website teaches young children about the Federal Reserve. They can take a quiz to test their knowledge.

H.I.P. Pocket Change: U.S. Mint http://www.usmint.gov/kids

Educational tool that includes games and cartoons for students that generates interest in coins, the U.S. mint and U.S. history.

YoungBiz: Teens www.youngbiz.com

Their mission is to empower youth with entrepreneurial, business and financial skills through innovative education and real world experience.

It All Adds Up www.italladdsup.org

Website sponsored by American Express for teens who want a head start on their financial future. They have online games and simulations to help teens learn about credit management, buying a car, paying for college, budgeting, saving and investing. For example they have an excellent module which shows teens the truth about how long it actually would take to pay off a credit card balance.

Young Money Magazine www.youngmoney.com

A national magazine for young adults ages 18-25 that focuses on money management, entrepreneurship, careers, investing, technology, and travel.

Investment Education For Kids

There is no shortage of programs available today to utilize in helping children to understand financial education. The resources range from nonprofit organizations established to educate teens on financial literacy to government organizations which create resources for parents and children to frequent to gain a greater understanding of how money works and plays an important role in our nation.

Two of the several organizations that offer financial education for children are The Mint.org and the NEFE (The National Endowment for Financial Education).  TheMint.org  is a tool created by The Northwestern Mutual foundation  charity which is a division of Northwestern Mutual. The NEFE originated from a nonprofit College for Financial Planning. 

 TheMint.org  is a website that provides teachers and parents with resources to educate children about money management.  The NEFE is a nonprofit organization focused on providing financial education to mostly teens but also children of all ages. For younger children, the U.S. Department of Treasury provides resources on savings bonds and coins for parents and educators.

The resources available help children gain a basic understanding of all aspects of using money such as investing, saving, and spending. The interactive tools provided help children to learn the basics of money management and allow them to gain the necessary skills to help them build a solid future for themselves.

These programs are established to provide resources to educators and parents in order to aid them in teaching children financial responsibility.

You should carefully read through the instructions and guidelines on the various websites and resources to ensure the children are using the appropriate tools and games pertaining to their age group. This will prevent the information from being too complicated or overwhelming for them to grasp.