Teaching Financial Literacy: How to Help High Schoolers Care More

Lizzie Weakley


Financial literacy is something that many teenagers do not have a firm grasp on, and it is something that many parents and teachers overlook the importance of. Young people need to understand the importance of financial literacy so that they are able to properly tend to their money in the future. The following information provides a closer look at three helpful ways to help high schoolers become more well-informed on the subject and take it more seriously.

Budget Simulations

Encouraging students to complete budget simulations will allow them to think more deeply about their future income and spending habits. It will also allow them to create clearly defined financial goals for themselves that they can potentially work towards later on in life. Examples of criteria that could be included in the simulation include practical money skills, financial independence, and paying bills, such as utilities. You can even provide them with fake checkbooks to balance each week, which will give them a deeper insight into personal banking.

Smartphone Apps

There are various smartphone applications available for download that could also be beneficial for students in order to help them learn more about personal finance. They can enable you to track your spending habits, improve budgeting skills, and create a plan for paying debts. These could be used in conjunction with the budget simulation in order to create a more interactive and realistic experience.


Games are another way to create a more interactive experience. Typically, most students will learn more if they are engaged in activities that are fun and allow them to think creatively. You can develop your own games tailored for your students that will align with your personal finance lesson plans or even encourage them to play existing games, such as Monopoly, which actually offers various learning opportunities when it comes to money management.

Overall, getting students interested in financing and budgeting doesn’t always have to be challenging. You just need to find an approach that captures their attention and gets them interested in the learning process. The tips above make excellent starting points for any educator hoping to boost their student’s interest in financial literacy and help them to care more. These methods will provide students with highly beneficial skills that they can utilize throughout their lives in order to make more financially sound and well-informed decisions regarding their income and spending habits. You just need to remain diligent and find which learning styles appeal most to your specific students.

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