This lesson introduces financial planning concepts tailored for children and teenagers aged 11-17. It covers foundational topics such as the nature and history of money, earning through chores or part-time jobs, and entrepreneurial ideas for teens. Students learn essential skills like budgeting, saving, and understanding income and expenses. The lesson also explores advanced financial concepts such as investing, compound interest, and managing debt responsibly.
Through engaging activities, it emphasizes setting financial goals, making informed decisions, and fostering healthy financial habits. The lesson highlights the importance of financial literacy in building independence and preparing for future milestones, such as college planning and navigating the digital economy. Practical strategies for protecting finances, understanding insurance, and maintaining ethical financial relationships are also discussed, making this a comprehensive guide to smart money management for young learners.
None