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Personal Finance for Teens

Personal Finance for Teens

Personal Finance for Teenagers is your guide to turning money into a superpower. You’ll learn how to make, save, and grow money, avoid the mistakes that trap most young adults, and build habits that lead to independence and financial freedom. Start early, get ahead, and give yourself the confidence to create the future you want.
Responsible John Comley
Last Update 09/27/2025
Completion Time 11 hours 22 minutes
Members 3
  • Introduction
    1Lessons · 5 min
    • Introduction to Personal Finance for Teens
      New
  • Debunking the SIX Myths of Personal Finance
    10Lessons · 1 hr 32 min
    • Introduction
      New
    • Myth 1: Get Good Grades at School
      New
    • Myth 2: Buy a Personal House (Home)
      New
    • Myth 3: Buy a Car
      New
    • Myth 4: Never Get Into Debt – NEVER Borrow Money!
      New
    • Myth 5: Get a Good Job – Work for Someone Else
      New
    • Myth 6: Save Only 10% of Earnings
      New
    • The EASY-HARD Rule of Life
      New
    • Key Takeaways
      New
    • QUIZ: Debunking the SIX Myths of Personal Finance
      New 10 xp
  • Chapter 1: Money Mindset & Habits
    6Lessons · 1 hr
    • Why Money Matters (Freedom, Choices, Opportunities)
      New
    • Needs vs. Wants
      New
    • The Psychology of Spending and Saving
      New
    • Delayed Gratification
      New
    • Key Takeaways
      New
    • QUIZ: Money Mindset & Habits
      New 10 xp
  • Chapter 2: Earning Money
    7Lessons · 1 hr 5 min
    • Different Ways Teens Can Earn
      New
    • Understanding Payslips, Wages, and Deductions
      New
    • Value of Skills and Education in Future Earning Potential
      New
    • What is Tax? (South African Context)
      New
    • How to Pay Less Tax (Legally!)
      New
    • Key Takeaways
      New
    • QUIZ: Earning Money
      New 10 xp
  • Chapter 3: Budgeting Basics
    6Lessons · 1 hr
    • What a Budget Is and Why It Matters
      New
    • Simple Methods
      New
    • Tracking Income and Expenses
      New
    • Building a Beginner Budget (Real-Life Examples)
      New
    • Key Takeaways
      New
    • QUIZ: Budgeting Basics
      New 10 xp
  • Chapter 4: Saving & Goal Setting
    6Lessons · 55 min
    • Why Save Early (Power of Compound Interest)
      New
    • Short-Term vs. Long-Term Goals
      New
    • Emergency Fund Basics (Even for Teens)
      New
    • Creating Saving Goals (Practical Examples)
      New
    • Key Takeaways
      New
    • QUIZ: Saving & Goal Setting
      New 10 xp
  • Chapter 5: Banking & Financial Tools
    6Lessons · 55 min
    • How Bank Accounts Work (Cheque vs. Savings)
      New
    • Debit vs. Credit Cards
      New
    • Digital Wallets & Online Banking Safety
      New
    • Understanding Interest (Earning vs. Paying It)
      New
    • Key Takeaways
      New
    • QUIZ: Banking & Financial Tools
      New 10 xp
  • Chapter 6: Introduction to Investing
    7Lessons · 1 hr 25 min
    • What Investing Is (and Isn’t)
      New
    • Risk vs. Reward
      New
    • Compound Growth Explained Simply
      New
    • Basics of Stocks, ETFs, and Retirement Accounts
      New
    • Investing in Property (Cashflow Generating Assets)
      New
    • Key Takeaways
      New
    • QUIZ: Introduction to Investing
      New 10 xp
  • Chapter 7: Smart Spending
    6Lessons · 35 min
    • How Advertising & Peer Pressure Influence Spending
      New
    • Comparing Prices & Value-for-Money Decisions
      New
    • Avoiding Impulse Spending
      New
    • Buying Second-Hand, Discounts & Money Hacks
      New
    • Key Takeaways
      New
    • QUIZ: Smart Spending
      New 10 xp
  • Chapter 8: Understanding Credit & Debt
    7Lessons · 40 min
    • What Credit Is & How It Works
      New
    • The Dangers of Debt (Credit Cards, Loans)
      New
    • Interest Rates Explained
      New
    • The Importance of Debt: Good Debt vs. Bad Debt
      New
    • How to Build Good Credit (Intro to Credit Scores)
      New
    • Key Takeaways
      New
    • QUIZ: Understanding Credit & Debt
      New 10 xp
  • Chapter 9: Giving & Generosity
    5Lessons · 30 min
    • Why Giving Is Part of Healthy Finances
      New
    • Different Ways to Give
      New
    • Finding Balance Between Generosity & Financial Responsibility
      New
    • Key Takeaways
      New
    • QUIZ: Giving & Generosity
      New 10 xp
  • Chapter 10: Planning for the Future
    6Lessons · 35 min
    • The Costs of Adult Life
      New
    • Career Planning & Financial Goals
      New
    • Avoiding Financial Mistakes Most Young Adults Make
      New
    • Building a Long-Term Vision for Money
      New
    • Key Takeaways
      New
    • QUIZ: Planning for the Future
      New 10 xp
  • Extra Bonus Sessions!
    3Lessons · 1 hr 5 min
    • Life at 25 vs. 45: Planning Early vs. Waiting
      New
    • Building Generational Wealth
      New 10 xp
    • Entrepreneurship - The basics of starting a small business
      New 10 xp