Welcome to Nouveau Riche’s Teen Financial Literacy Program, a new financial literacy initiative for teens 13 – 17 years old. Why the craze for teaching teens about personal finances? Because the average student who graduates from high school lacks basic skills in the management of personal financial affairs, and many of them fail in the management of their first consumer credit experience. As they establish bad financial management habits, they stumble through their lives learning by trial and error. (Jump$tart Coalition for Personal Financial Literacy) Nouveau Riche is committed to getting ahead of that trend to help teens and young adults prevent costly mistakes that can haunt them into their adult life. Providing them with the foundational concepts and promoting the right mindset can help them get started out with a healthy financial outlook.

Since grade schools and high schools often do not offer education in personal finance management, the gap between what teens know about finances and what’s actually taught in traditional school settings is wide...