Financial literacy is an important precursor for good financial health in adult life, but money remains a difficult subject to broach for many families. Fintech start-up Goalsetter is aiming to tackle this problem, providing an engaging and educational money-saving platform for young people.

Many adults say they weren’t taught about money at school so they want to give their kids the skills they didn’t learn until adulthood, and Greenlight offers just that. It’s a prepaid debit card with parent-set spending limits and transaction tracking that educates kids on money management.

Amidst growing concerns surrounding the lack of financial literacy among young Americans, a range of money apps has emerged with a focus on widening financial knowledge. Yet, while these apps have good intent, researchers argue that the rise of digital finance could harness unhealthy money habits.

From learning all about the great outdoors to life-saving first-aid skills, the Scouts Association has long aimed to prepare kids for adult life. But as of summer 2021, that includes better money management with the launch of a ‘Money Skills’ badge that teaches kids basic numeracy through practical activities.