Helping Ensure the

Financial Success
of Youth

Use Limitations. These materials are intended for non-commercial educational and instructional use only. These materials may not be used in
connection with any sale, advertisement, endorsement or promotion of any service, product, person or business and may not be commercially
published, sold or offered for sale
 Welcome

Introductions
 Objectives
Review concept of exchange in young
people’s language
Discover how to demonstrate value of
money
Recognize spending plans are teaching
tools
Explore identity theft
 Money Trivia
1. Yap Islanders used the world’s heaviest
money. True or False?
2. The Philadelphia Mint made all the coins
used in the U.S. until 1838. Six other mints
opened over the years to keep up with
demand for coinage. Today, only two mints
still make coins—name them.
3. Has anyone other than a president ever
appeared on a U.S. bill?
Money Facts and Figures
U.S. Treasury
www.treas.gov/kids

U.S. Mint
www.usmint.gov/kids
Money: A Medium of
Exchange

=
Value of Money
 Needs & Wants
Spending Plans
Step 1: Identify Income Sources
Source Expected per Month Actual per Month
Take-home pay
Allowance from
parents
Cash from hobbies
Total Monthly
Income
 Needs & Wants
Spending Plans
Step 2: List Expenses
NEED Source Expected per Month Actual per Month
Rent
Utilities
Savings (PYF)
Groceries
Transportation
Total Monthly
Needs
 Needs & Wants
Spending Plans
Step 3: List Expenses
WANT Source Expected per Month Actual per Month
Fast Food
Internet Connection
Cable TV
Entertainment
Other
Total Monthly
Wants
 Needs & Wants
Spending Plans
Step 4: See if There’s Enough Income to Cover Needs & Wants
Expected per Month Actual per Month
Total Income
Subtract Needs
Expense
Sub Total
Subtract Wants
Expense
Amount Left Over
Ways to Stretch a Dollar
What’s in Your Wallet?
 Resources
Financial Planning Association
www.fpanet.org

National Endowment for Financial

Education
www.nefe.org
 Review
 Money Factoids
 Principle of Exchange
 Value of Money
 Spending Plans
 Identity Theft