Money Management for Teens: How to Build Wealth
In this one time class, students will learn how to manage and invest money using this one powerhouse tool, and learn the easiest way to become a millionaire for teens.
Ms. Rachael G
Average rating:
5.0
Number of reviews:(28)
What's included
1 live meeting
40 mins in-class hoursHomework
Parents need to open a custodial Roth IRA for their child to begin their savings.Class Experience
The key to building wealth is not in how much money you make, but in how to manage your money! But the questions is: How do we teach our kids to build wealth, if we did not come from money? Well, I'm glad you asked! One of the easiest ways to build wealth and become a millionaire is by maximizing the principles of compound interest by starting as a teen. Financial management is one of life's most important skills, and yet, is not being emphasized enough in schools. Because most teens are focused on important adult milestones, like affording a college degree, getting a first salaried job, or buying that first house; so most teens do not focus on how to set up the right financial foundation for their future. In this class, we will learn: - The principles of compound interest - How much money it really takes to become a millionaire - What is a Roth IRA - How to utilize a side hustle for savings - How to budget and save Utilizing these principles will set your child or student up for financially secure future, as they begin to take the next steps into adulthood.
Learning Goals
Your students will learn why financial management is so important, why they should begin saving so young, how to utilize a side hustle, and how to save their way to building a better financial foundation.
Other Details
External Resources
Learners will not need to use any apps or websites beyond the standard Outschool tools.
Joined January, 2022
5.0
28reviews
Teacher expertise and credentials
Hi there!
My name is Ms. Rachael and I have been a private tutor for over 15 years. I have been selling online academic resources for 5 years, and teaching online for over 4 years. I have 15 years of experience tutoring teens and preteens, and 6 years working with Elementary and Preschool students. I teach academic skills, like study skills, as well as SAT prep, Money management for teens, and private math tutoring.
I am also a homeschool mom of 3, and teach the fun and interactive classes that my kids love the best! So go check out my morning circle time classes, and our interactive, social, fun classes. Because learning should be FUN!
My ultimate goal is to support parents by providing the resources their teens or students need for learning. I believe that ALL students are capable of learning and earning higher grades, if only they have the right skills for school!
If your child needs personalized math tutoring, reach out for the time and date you need, and I will work around your schedule!Reviews
Live One-Time Class
$15
per classMeets once
40 min
Completed by 7 learners
Live video meetings
Ages: 13-18
1-7 learners per class
