💰 Money Skills for Kids & Teens · Lesson 7 of 7
Money online, safely — and a final project
In-game purchases, scams, card details and a family budget.
In-game purchases
V-Bucks, Robux and gems are real money. Loot boxes are like a slot machine: you pay without knowing what you will get. Agree on a monthly limit with your parents, and turn on purchase approval in the app store.
Scams
| “You won a prize! Click here” | You did not enter, so you did not win. Don’t click |
|---|---|
| “Free Robux / V-Bucks” | Always a scam, often to steal your account |
| “Send a gift card” | No real company or government asks to be paid in gift cards |
| Someone asks for a card number or code | Never share it. Tell a parent |
Card details
A card number, the 3-digit code on the back and one-time codes sent by text are like keys to the money. Do not type them into a site a friend sent you, and never read a code out to anyone on the phone.
Final project: a family budget for one month
- With a parent, list the family’s main monthly expenses: rent or mortgage, groceries, utilities, gas, phone, activities
- Write an estimated amount next to each
- Compare with the monthly income (the parent can give round numbers)
- Find one expense the family could cut a little, and where the savings would go
Tip
💡 If something online feels too good to be true, it is. Stop, close the page and talk to an adult.
✏️ Practice: your turn
- Check together whether purchase approval is on in your app store
- Find one scam message or ad and explain why it is a scam
- Do the family budget project
- Tell someone else in the family the most important thing you learned in this course
🧠 Quick quiz
Answer all 4 questions correctly to mark this lesson as done.
0 of 4 correct
All lessons in Money Skills for Kids & Teens
- 🪙 1. What money is and where it comes fromBartering, dollars and cents, and how people earn money
- ⚖️ 2. Needs or wants?What you must have, what is nice to have, and how to decide
- 🫙 3. Allowance and a budgetThree jars: spend, save, give
- 🎯 4. Saving for a goalHow many weeks until I can buy it, with a full example
- 🛒 5. Smart shoppingComparing prices, unit price, and the tricks of sales and ads
- 🏦 6. Banks and interestAccounts, debit cards, interest and compound interest in dollars
- 🔐 7. Money online, safely — and a final projectIn-game purchases, scams, card details and a family budget