Teaching Kids About Money in Westchester and Beyond
My jaw completely dropped when my younger daughter told me that MOM stands for Made Out of Money! Obviously, I had to set her straight on that one but it had me thinking about how we talk about and teach money to our kids. Learning about money is a valuable life skill where kids and teens can understand how money works as well as how to budget, invest, and save. Below, we’re sharing some helpful programs and resources in Westchester (and beyond) to help your kids understand that the meaning of MOM has nothing to do with money.
Psst…check out theses 5 Organizations That Support Black Women and Girls
ALICE $ense Program (White Plains)
This Westchester and Putnam program focuses on helping residents get access to financial resources. This includes tips on how to grow your savings, build sustainable spending habits, handle financial emergencies, and more. Additionally, the program is free. Reach out to [email protected] to learn more.
Future Entrepreneurs and Innovators (Rye)
This camp, lead by iCamp, focuses on teaching kids entrepreneur skills. This includes a focus on their business ideas, collaboration, and learn the importance of dividing up project tasks. Additionally, students will create a website for their business, use digital design, coding, more. Additionally, kids will share their business ideas to the class via a Shark Tank-style pitch.
One World (Westchester and Online)
This Westchester-based program offers an online and bi-lingual 21st Century Youth Program. Serving middle and High School students, programming supports teens in Elmsford, Port Chester and Ossining, covering financial and technology readiness skills. 55 Hillandale Road, Rye Brook, NY 10573.
914United (Bronxville)
914United offers a range of classes for teens. For money, teens in Westchester can take their One Step Ahead program. A career-readiness and financial literacy focused program, kids will gain tips as they learn how to managing money and how to stand out during a job search. 54 McGeory Ave, Bronxville, NY 10708
Teach Me Wall Street
This online program teaches kids and teens the dynamics of money as it relates to the stock market. This includes workshops, an after-school program, and a summer camp. Current classes include teen bond basics, Wall Street 101, learning about stocks, budgeting, and more. Check out their website for the latest classes.
Pockets for Change
This organization works with local schools (K-12) to bring their financial literacy program to kids and teens. Recently, they partnered with The Chappaqua Summer Scholarship Program to teach teens financial literacy. Pocket Change believes understanding money is a tool for self-care and social justice. They educate and provide tools to teens to help them discover their relationship with money, build skills to navigate financial systems, and create community for action and advocacy.
biz Kid$
This TV program, focused on money, for teens and kids teaches how to make money and start businesses. Additionally, this includes easily accessible workshops and lessons online. Some programs include budgeting basics, understanding allowance, money math, banking, and more.
