Did you learn how to do taxes in high school? How to create a budget? How to save for a car? We’ve heard from many of you that financial literacy is one skill you wished you had learned in school. Khan Academy is excited to offer you and your children the opportunity to not only learn about doing taxes, budgeting, and more, but also master these important life skills.
You’ve been there for every significant moment of your child’s life, from witnessing their first steps and celebrating the loss of their first tooth to proudly watching them cross the threshold into young adulthood. Now, as they embark on the journey of working their first job, you can still provide critical support with Khan Academy’s help.
Introduction to tax forms for your child’s first job
One of the new encounters your teenager or young adult will face during their first job experience is the introduction to tax forms. Tax forms and terminologies may seem daunting. Fortunately, Khan Academy’s free Financial Literacy course is here to help. This comprehensive course simplifies common tax scenarios and terms, giving your child the tools they need to navigate the complex world of taxation.
Catch Sal Khan’s rundown on the Tax Unit.
Explore Khan Academy’s free Financial Literacy course
Beyond taxes, the course covers other key financial essentials like savings, investments, loans, and interest, which can help your child understand and manage their finances. Its unique second-person-narrative style, coupled with interactive exercises for practicing new skills, facilitates learning in an accessible, engaging manner.
As your child takes their first steps into adulthood, consider guiding them to Khan Academy’s Financial Literacy course and help them navigate this crucial new milestone. After all, every step your child takes now is a step toward their financial independence.