100 Financial Literacy Tools for Teens ~ The Success Minds

Wednesday, May 7, 2025

100 Financial Literacy Tools for Teens

Tabz GM May 07, 2025 No comments

Financial literacy is a crucial life skill that can set teens up for success as they navigate the financial world. Understanding concepts like budgeting, saving, investing, and credit can empower teens to make informed decisions with their money. To help teens build their financial knowledge and confidence, here’s a list of 100 tools that can guide them on their journey toward financial literacy. These tools range from websites and apps to books, games, and resources designed to teach teens about money management in a fun and engaging way.

Websites and Blogs

MyMoney.gov
A U.S. government site offering financial education resources, including lessons on saving, budgeting, and credit.
Jump$tart Coalition
A nonprofit organization that provides resources to promote financial literacy among students.
Mint
An online platform to track spending, budget, and monitor finances.
National Endowment for Financial Education (NEFE)
Provides free resources on topics like budgeting, credit, and retirement.
The Financial Literacy and Education Commission
Offers a range of materials for understanding personal finance.
W!SE Financial Literacy Program
A free online resource offering lessons on budgeting, credit, and personal finance for teens.
Khan Academy: Personal Finance
Free courses on personal finance topics, including savings, investing, and understanding credit.
Young Money
A financial literacy blog offering tips on budgeting, saving, and investing for young people.
MoneyCrashers
Offers beginner-friendly guides to personal finance, investing, saving, and budgeting.
Smart About Money
A website with a wealth of free resources designed to help young people manage their finances effectively.

Mobile Apps

Mint
Tracks spending, creates budgets, and offers insights into savings goals.
PocketGuard
An easy-to-use budgeting app that helps teens keep track of their spending.
GoodBudget
A virtual envelope budgeting app that helps teens set aside money for specific expenses.
Bankaroo
A teen-friendly budgeting app that makes tracking allowances, savings, and expenses easy.
Chime
A mobile banking app with no fees that teaches financial responsibility and money management.
Acorns
An investment app that rounds up purchases and invests the difference.
Qapital
A mobile banking app that focuses on saving money for goals, with a feature for creating custom savings plans.
You Need a Budget (YNAB)
A popular budgeting tool that helps teens allocate funds for short- and long-term savings.
Robinhood
An easy-to-use investment app where teens can begin learning about stock markets and investing.
Stash
An investment app with beginner-friendly features and financial education resources.

Books for Teens

"The Teen Investor" by Emmanuel Modu & Andrea Walker
A book introducing teens to investing basics and how to build wealth early.
"Rich Dad Poor Dad for Teens" by Robert Kiyosaki
A youth-oriented version of Kiyosaki’s classic, emphasizing the importance of financial education.
"The Money Book for the Young, Fabulous & Broke" by Suze Orman
This book covers budgeting, debt management, and planning for the future.
"I Want More Pizza: Real World Money Skills" by Steve Burkholder
A fun guide to understanding money basics, like budgeting, earning, and saving.
"Personal Finance for Teens" by Tamsen Butler
A practical guide for teens to understand personal finance and money management.
"The Financially Savvy Student" by Alexis J. J.
A resource on managing student loans, credit, and spending habits.
"Money Matters: The Get It, Grow It, Give It Guide for Teens" by Larry Burkett
A book that covers saving, spending, and giving, and how it can all fit into a budget.
"Teen Guide to Personal Finance" by Larry Burkett
A step-by-step guide for teens learning about managing money, investing, and budgeting.
"Financial Freedom for Teens" by Ashwin & Rena K
A great guide on how to build wealth from an early age through saving and investing.
"The Barefoot Investor for Families" by Scott Pape
A family-friendly book that teaches kids the importance of managing money for the future.

Games and Interactive Tools

The Game of Life
A classic board game that teaches teens about budgeting, saving, and making financial decisions.
Cashflow for Kids by Robert Kiyosaki
A game that teaches the basics of money, investing, and wealth-building in a fun way.
Financial Football
An interactive game developed by Visa that helps teens learn about budgeting and personal finance through a football game.
Financial Literacy Quiz
A quiz game to test financial knowledge and improve understanding of financial concepts.
Payday
A board game that teaches about earning money, managing bills, and making financial decisions.
Bureau of Engraving and Printing (Money Museum)
A museum with interactive tools to teach kids about the history of money and how the economy works.
Practical Money Skills – Virtual Wallet
A digital interactive game that teaches the importance of budgeting and saving.
Banking Game
A simple, educational game that teaches the basics of opening a bank account and managing money.
H&R Block Budget Challenge
An online game that helps teens manage budgets, taxes, and financial goals.
The Personal Finance Game
A fun online game for teens to practice budgeting, saving, and managing debt.

Videos and YouTube Channels

The Dave Ramsey Show (YouTube)
Offers practical advice on budgeting, saving, and avoiding debt.
The Financial Diet (YouTube)
A channel that covers a range of personal finance topics, including saving, budgeting, and investing.
Teen Financial Freedom (YouTube)
A channel that offers tips on managing money and building wealth as a teenager.
NerdWallet (YouTube)
A popular channel offering video guides on credit, budgeting, and saving.
Investing 101 with Scott Trench (YouTube)
A channel dedicated to teaching the basics of investing and personal finance.
Financial Literacy for Teens (YouTube)
This channel offers free educational videos focused on budgeting and money management.
The Money Guy Show (YouTube)
A podcast-style video show that answers money-related questions and discusses financial concepts.
College Investor (YouTube)
A great resource for teens thinking about how to save for college and manage finances.
Smart Woman Finance (YouTube)
A YouTube channel focused on empowering young women with financial knowledge.
Investing 101: Beginner’s Guide (YouTube)
A channel for beginners who are interested in learning how to invest and build wealth over time.

Tools for Managing Money

Google Sheets Budget Template
A free customizable spreadsheet to help teens track their income and expenses.
Excel Money Management Templates
Pre-made templates that help teens track spending, save, and plan a budget.
EveryDollar
A budget app by Dave Ramsey that is easy to use for teens to track and stick to their budget.
Simplifi by Quicken
An intuitive app for teens to track their spending and savings goals.
You Need a Budget (YNAB)
A budgeting tool that teaches teens the fundamentals of personal finance through proactive planning.
Wally
A personal finance app that helps teens track expenses and create custom budgets.
Fudget
A simple budgeting app with no unnecessary bells and whistles, making it easy for teens to track their money.
Monzo
A mobile banking app that allows teens to save, spend, and budget efficiently.
Chime
A no-fee banking app that teaches teens to manage money and save for the future.
Cash App
A mobile app that makes it easy to send money, save, and even invest with the help of financial education tools.

Courses for Financial Literacy

Udemy: Personal Finance for Teens
A comprehensive course that teaches teens how to manage their money, save, and invest wisely.
Coursera: Financial Literacy for Students
A free course aimed at high school students to learn how to make smart financial decisions.
Skillshare: Budgeting 101
A popular online course that teaches teens how to create and stick to a budget.
FinLit Academy
Offers online financial literacy lessons for teens that cover everything from budgeting to investing.
Smart About Money (NEFE Courses)
Offers courses on budgeting, debt management, and long-term financial planning for teens.
Practical Money Skills for Life
A free course from Visa that covers the basics of budgeting, saving, and credit.
Money Savvy Generation
Offers educational materials and courses for teens to help them understand how to manage their money.
Next Gen Personal Finance (NGPF)
Offers free curriculum resources, lessons, and quizzes on personal finance for students and teachers.
Teens and Money (Edutopia)
A comprehensive resource for teaching teens how to make smart financial decisions.
The Money Coach Academy
Offers workshops and resources designed to teach young people essential financial skills.

Financial Tools for Investment

Investopedia Simulator
An investment simulation platform where teens can practice stock trading with virtual money.
Stockpile
An investment platform that allows teens to buy fractional shares of stocks.
Wealthfront
An investment tool that automates saving and investing, ideal for teens learning about the power of compound interest.
Fidelity Go
A beginner-friendly investment platform offering teen accounts for investing in the stock market.
E*TRADE
Offers a beginner’s platform for learning to trade and invest in stocks, bonds, and more.
Vanguard
A leading investment platform that allows teens to learn how to invest in stocks, bonds, and ETFs.
Acorns
A micro-investing tool that automatically invests spare change, great for young beginners.
SoFi Invest
An easy-to-use investment platform where teens can start investing with as little as $1.
M1 Finance
A platform that allows teens to customize their investment portfolios and learn more about investing.
Stash
A personal finance app that allows teens to learn about and practice investing with low minimum investments.

Financial Tools for Credit

Credit Karma
An app that helps teens learn about credit scores and provides resources on building and maintaining good credit.
Credit Sesame
A credit score monitoring app that helps teens learn how their credit score works and how to improve it.
Experian
One of the major credit bureaus offering a free app to monitor credit reports and scores.
Credit Wise by Capital One
A tool for teens to track their credit scores and learn about how credit works.
Chase Credit Journey
An app that gives teens access to their credit scores and offers tools to improve credit habits.

Financial News and Updates

The Wall Street Journal (Teen Edition)
A publication that offers financial news and updates tailored to young people interested in finance.
Bloomberg
A trusted news source for understanding global finance, markets, and trends.
MarketWatch
Offers insights into financial markets, investment tips, and economic news, perfect for young investors.
Investopedia News
Provides in-depth articles and news on financial trends, investment advice, and market analysis.
CNBC
Offers easy-to-understand financial news and updates on global markets, perfect for teens learning about investing.

Additional Resources

Youth.gov
A government resource with links to financial literacy materials for teens.
Junior Achievement
A nonprofit organization offering financial literacy programs for young people.
Banzai
A free online financial literacy program that teaches teens about managing money.
The Simple Dollar
Offers practical advice on saving money, avoiding debt, and building wealth.
Alliant Credit Union
A credit union offering financial education materials and tools for young people.
Practical Money Skills by Visa
An educational program with interactive resources and lesson plans for teens.
Money Talks News
A financial blog offering tips and advice for managing money, saving, and investing.
The Wealthy Gardener
A book that provides financial lessons with relatable stories for younger audiences.
The Frugal Gene
A blog dedicated to teaching frugality and financial responsibility to teens.
Personal Finance for Teens (YouTube)
A channel offering practical personal finance lessons and tips for young viewers.

Conclusion

Financial literacy is essential for teens to understand as they enter adulthood. With these 100 financial literacy tools, teens can start building a strong foundation of financial knowledge that will serve them well throughout their lives. Whether it’s learning how to budget, save, or invest, these tools provide practical resources that empower teens to make smart financial choices.