What is Finance? A Simple Explanation for Kids, Teens and Beginners

What is Finance? A Simple Explanation for Beginners

Introduction to Finance for Kids and Teens

This video explains the concept of finance in a simple, concise way for kids and beginners. It could be used by kids & teens to learn about the world of personal finance, or used as a money & personal finance resource by parents and teachers as part of a Financial Literacy course or K-12 curriculum.

What is Finance - A Simple Explanation for Kids Teens and Beginners
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Suitable for students from grade levels:

  • Kindergarten
  • Elementary School
  • Middle School
  • High School

The topics covered are:

Infographic - What is Finance - A quick introduction to the world of finance for kids teens and beginners
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Infographic: Click Here to Download

Howdy Wall Street Willy! I have one really big question for you.

What is finance anyways?

What is Finance for Kids Teens and Beginners - A Simple Explanation
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Finance is the world of money – earning, spending, saving and investing it. It’s really cool and large.

Its complicated, so I’ll teach you in little steps.

Is buying a house part of finance?

Yes it is. Great question!

Is a bank account that I have part of finance?

Yes, you are correct – a bank account is part of finance. Very good questions!

Is my piggy bank part of finance? It is so big, it has one Dollar and 21 cents in it! It took me one year to make that much money.

Sadly, it isn’t a part of finance. But you sure do have a lot of money in your piggy bank!

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Is the stock market part of finance?

Finance for Kids Teens and Beginners - Teaching Personal Finance for Financial Literacy
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Yes it is – the stock market is part of finance! You are on a roll with good questions!

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The stock market, a bank account, buying a house and everything else – it’s so big!

How am I supposed to learn about it?

Don’t worry, I’m here for you!

That’s why we are going to meet once a week to discuss the basic concepts of finance.

That way, you’ll never forget, and you’ll learn what I did over the course of many years at my finance school.

Remember, finance is your friend!

Video Featured in the Below Financial Literacy Course for Kids & Teens

Download Transcript: Ideal for Use by Teachers in their Lesson Plan to Teach Kids & Teens

Podcast: What is Finance?

If you have any feedback about this video, or suggestions for new videos, please do not hesitate to let me know by leaving a comment below.

What is Finance
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