Youth financial planning involves teaching young people how to manage their money effectively. This includes understanding basic concepts like budgeting, saving, and investing. By learning these skills early, youth can make informed decisions about their finances, helping them to achieve their goals in the future. Additionally, youth financial planning often incorporates tools like savings accounts and financial literacy programs. These resources provide practical knowledge and strategies for managing money, preparing young individuals for responsibilities such as college expenses and future investments. Overall, it empowers them to build a secure financial foundation.