Banking Basics Help strengthen your financial knowledge
Whether you already have some financial experience or are taking your first steps, Bank of America can help students and young adults make progress.
Did you know?
Expand knowledge on everything from personal finance to strategic planning.
Quick facts
The average teen spent $2,150 across a range of categories in 2020.
Learn more at Better Money Habits.
Interesting insights
35% of teens think they’ll have $100,000 saved by age 30.
Learn more at Better Money Habits.
Savvy suggestions
Saving $7 each day with a packed lunch could total $1,890 over 270 days.
Learn more at Better Money Habits.
Actionable advice
Plan on eventually increasing savings by up to 15 to 20 percent of income.
Learn more at Better Money Habits.
Banking 101
Go behind the scenes of banking with these helpful videos.
Foundational Banking Terms video
Learn the meaning of common banking terms to help enter financial conversations confidently.
What banks do with deposited money
Find out how banks handle money after it has been deposited.
Banking video
Get tips to help students open a bank account and prepare for the next step of financial life.
Understanding different ways to pay video
Learn what your options are for making payments, receiving money and how to track your monthly transactions.
Get the ins-and-outs of bank accounts
Take a closer look at different types of bank accounts and get a better understanding of how they work.
Learn more at Better Money Habits®.
What is the difference between checking and savings accounts?
Compare and contrast the different types of bank accounts. Learn the benefits of each and how to use them.
Your bank account: 10 questions to ask
Ask about these crucial details. Knowing what to ask can help determine what account is the right fit.
Find out what to ask
8 common bank fees explained
Understanding what triggers bank fees can help avoid charges.
Teaching Your Kids About Money
You’re never too old or too young to learn good financial management. Get tips for teaching children financial responsibility.
Learn more at Better Money Habits®.
Financial matters for families
Bank of America has information and resources to help families learn money skills and manage important financial decisions.
The 5 most important financial lessons for teens
Learn how teens tend to spend and consider teaching them age-appropriate money habits that can last a lifetime.
See the video to help teens manage a checking account
Help your child build financial independence by learning to budget and maintain a bank account.
Watch this video to help your child learn about borrowing
Help your child prepare to take on college loans or make major purchases responsibly.
Bank of America can help students stay alert
Go online while staying smart about scams and fraud. See how to spot risks and help protect accounts.
Learn more at Better Money Habits®.
Protect yourself online: 5 new scams to watch out for now
Protect financial and personal information by learning about the scams and the best ways to avoid them.
How to spot a suspicious email or text
Fraud tactics are becoming increasingly sophisticated. Use these tips to help keep information protected.
Students: How to spot 6 common scams
Here’s what to know about six of the top scams that target students.
10 online and mobile security tips
Use these helpful tips to keep information secure whenever online or using a mobile device.
Bank of America can help meet your needs
See how these solutions can help students and young adults get started.
Bank of America Advantage SafeBalance Banking®
Flexible ways to pay, no overdraft fee and no monthly maintenance fee for SafeBalance Banking® accounts with an owner under 25.2
Bank of America Advantage Savings
A savings account can help boost your financial health and put your goals into focus. No monthly maintenance fee for Advantage Savings accounts with an owner under 25.3
Get a Bank of America debit card
Your Bank of America account includes a debit card that can help you manage day-to-day purchases.