Hi! I am Katharine Weiner, and I live in New York City. I am in 9th grade, and I am 14 years old, and I care deeply about financial education for young people.
In my free time, I love to play soccer and basketball. I am part of my school’s Business and Financial Awareness Club. Unfortunately, schools do not teach much about personal finance to students, but I think it is extremely important for children and teenagers to learn about personal finance from a young age.
It might seem overwhelming at first, but learning about finance and financial well-being is actually a lot of fun! There are many exciting ways to get introduced to the financial world. I am excited to be part of the IFW and contribute to the Kids & Money section. Let’s make learning about this fun, easy to understand, and engaging! Look out for videos, games, stock market simulations, and more in the future! Let’s ‘Get There’!
Why is it important to start your financial journey early?
Planning ahead helps ensure confidence and a stable future. The earlier you start the better.
Having a long time horizon gives you the best chance to achieve financial wellness. Saving and investing when you are young maximize your opportunity for growth.
Children have a fresh perspective on the world so they can often see new trends coming before adults do.
As you begin your journey, I would like to share these 10 key terms and ideas that I believe every young person should become familiar with and understand. You can click each link to learn more about each item.