Financial literacy starts with youth—if children learn the basic skills of money management at an early age, it can benefit them immensely as they go through life. The resources in this section are targeted to introduce youth to financial literacy and planning.
LINKS TO OTHER RESOURCES
Teachable Moments for Young People
Those who are exposed to early life lessons tend to stead better with good personal finance habits throughout their life. FPSC commissioned some research that honed in on parental influence. Click here for the results.
Managing Your Money Online Course
Pinched Head, an eLearning company, created an engaging course on personal finance and budgeting. It allows users to learn about financial planning in a fun, but realistic scenario. The program won Bronze award for 2010 Articulate Guru Awards. Click here and try it out.
Secret Millionaires Club
Created by Warren Buffet, this resource is an exciting and interactive website which teaches children how to invest using "Buffet Bucks" which can be earned by watching episodes of the cartoon, Secret Millionaires Club, playing games or by investing in the stock market. Click here to visit the Secret Millionaires Club.
CFP professional Tina Teranchian discusses teaching children to be financially responsible on Canada AM: Visit the CTV website to read about the interview and watch the video.
Planet Orange: ING Direct has a fun, interactive website dedicated to helping kids, from 1st to 6th grade, learn about earning, spending, saving and investing. http://www.orangekids.ca
The Jump$tart Coalition for Personal Financial Literacy: The Jump$tart Coalition seeks to improve the personal financial literacy of young adults. Jump$tart's purpose is to evaluate the financial literacy of young adults; develop, disseminate, and encourage the use of standards for grades K-12; and promote the teaching of personal finance. The Jump$tart Coalition believes that all young adults need to have the financial literacy necessary to make informed financial decisions. www.jumpstartcoalition.org
CanLearn: This comprehensive bilingual site is a resource for information, products and services supporting Canadians in their pursuit of learning and career goals. www.canlearn.ca
CIBC Smart Start: Smart Start by CIBC is devoted to helping children, teens and parents understand money concepts and good money habits. https://www.cibc.com/ca/student-life/kidsandstudents.html
The Investor Education Fund: This fund was established by the Ontario Securities Commission to provide an objective source of financial information. We can help you make investing make sense. www.investorED.ca
Ontario School Counsellors Association: An informative website created by the Ontario School Counsellors Association,it is full of resources, publications and information about everything that affects youth: career planning, financial planning, post-secondary education, etc. http://www.osca.ca
GoVenture Personal Finance: A realistic software simulation designed to help youth and adults learn about personal money management decisions in a fun and educational manner. Like a flight simulator for finance and life, GoVenture Personal Finance enables you to learn by doing. It's easy to use, visual, interactive and exciting. http://www.goventure.net