Money matters for kids and teens
Simple lessons, tips and tricks to help you build good money habits to get ahead and stay ahead.

Simple ways to manage your money

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Every dollar counts

Crunch the numbers to discover how long it could really take to save up for your next big purchase.

Savings calculator

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Pocket money and chores

Grow your independence by getting regular pocket money payments set up and paid into your account.

Pocket Money feature

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Spend or save?

Keep track of your spending in the Westpac App to budget when to splurge and when to save.

Budget tool

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Safe and secure

Bank confidently, knowing we've got you covered with features and guarantees to keep you safe.

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Special offer
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Cashback offer
Double your $50

When you bank and save with Westpac

Open a new Choice Youth everyday account and an eligible savings account together between 1 February 2026 and 30 September 2026, and here’s how you can get $50[#]:

  • Deposit $50 or more into your new Choice Youth everyday account within 10 days.
  • We’ll add $50 to your savings account once you meet the criteria.
  • You must not have held any Westpac transaction account or savings account in the last 2 years.

See all FAQs

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Money smart topics for younger kids
Money matters made simple
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Where's my money going?
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Build up my savings
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Building good money habits for teenagers
Watch my money grow
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Keeping it in the family
How to keep your children safe online

Learn more on ways to keep your children safe online.

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Practice makes perfect with Westpac Savings Goals

Set up Savings Goals to work out how much you need to save to make your dreams a reality.

  • Bucket your savings into different goals with one account
  • Know how much you need to put away regularly to reach your goals
  • Share savings goals with family and friends to help reach your goals sooner
  • Put your savings on autopilot by setting up recurring transfers to your individual savings goals.

Explore Savings Goals

Things you should know