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Money 101

Investing

Our how-to guides will give your kids a basic understanding of investing.

RRSPs Explained for Kids and Teens

By Helen Racanelli
How do you explain the purpose of a Registered Retirement Savings Plan account in simple terms to kids and teens? Find out in this…

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Money 101 Topics

Teach your kids about the value of money, how to keep track of your allowance, and tips for saving up for a purchase.

Teach your kids and teens the importance of understanding what credit is, the different types of credit available, and how to use credit responsibly.

Teach your kids and teens how to calculate interest, how interest rates are set, and the difference between paying and earning interest on their money.

Teach your kids and teens what debt is, how to minimize it, and how to pay debt off.

Insurance can be confusing. Let’s break it down so you can make smart choices about your insurance coverage.

Learn about income tax, how to calculate your taxes, and what you need to do to file your taxes.

More Fin-Lit Resources

Financial Literacy Quiz for Students

Our guide on investing for beginners will help you and your teen feel confident enough to get started with investing money. Read on for investing basics.

Teenage Allowance Calculator

Our guide on investing for beginners will help you and your teen feel confident enough to get started with investing money. Read on for investing basics.