Being a teen in the modern world can be difficult. With all of the electronics and communication advancements comes a cost – money! To enjoy all the latest and greatest items, unless Mom and Dad come up with the money, a teen will need to earn the money themselves.

There are several factors for teens to be able to save money and be smart savers. Teens can get the money for these purchases by getting a job, budgeting money and other ways. But, in addition, learning about money and budgeting is a life skill that a teen can use for the rest of their life. Here are some resources to help your teen learn about saving money:

Teen Employment

• Job and Career Resources – selection of resources aimed at teens to help identify jobs and potential career opportunities.
• Youth Rules – website from the Department of Labor outlining the rules and regulations governing jobs for minors.
• Safety and Health – information on workplace safety guidelines and resources for teen workers.
• Should Teens Work? – helpful article on deciding whether teens should work.
• Kid Job Earnings Management – PDF discussing ways to manage money that kids make from their first job.

Saving For College

• Saving for College – resources and advice on how students and parents can pay for a college education.
• Suggestions to Save for College – suggestions on how students can save for college, along with tips on how to save money.
• Introduction to 529 Plans – overview and information on 529 saving plans for college education.
• Saving Money for College – collection of resources for students to help them plan and execute college savings plans.
• How Much Does a College Education Cost? – helpful article which outlines the costs associated with a college education and helps determine your overall cost.

Teen Budgeting Tips

• Teaching Your Teen About Money – article outline methods to help teens learn about the value of money and introducing basic budgeting concepts.
• Budgeting for Teens – resource helping parents and teens put together a helpful budget for saving.
• Teens and Personal Finance Survey – 2010 survey results about the spending and saving habits of teens.
• Budgeting and Savings Skills for Teens – suggestions and resources to assist teens in learning how to budget and save.
• Money Management for Kids and Teens – collection of resources to help children learn about money management and finance.

Bank Accounts and Savings

• Kids Bank – information on how banks work and how savings accounts work.
• Money Instructor – helpful article about teaching children about money management.
• Children and Money – resource for parents to help teach children about money.
• Teen Checking Accounts – article centering on how a teen checking account can help teens become financially independent.
• Money Matters – information on banking accounts for teenagers and how they will help in the overall financial future.

Financial Resources

• Financial Skills Development – financial toolkit which offers teens and young adults resources to become financially independent.
• Resources for Personal Finance – resources and information on financial matters for teens.
• Choose to Save – vast collection of resources to improve the financial knowledge of teens and young adults.
• High School Financial Planning Program – comprehensive program aimed at improving the financial knowledge of high school students.
• Personal Financial Literacy – information from the Jumpstart Coalition on improving the financial literacy of teens and young adults.
• Banking on our Future – information on money and finance for kids and educators.