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Games such as 'Stock Market Challenge' are being run in schools to teach students about personal finance.

The Personal Finance Society (PFS) are partnering with the Personal Finance Education Group (pfeg) to help youngsters to understand about financial issues which may include choosing the right credit card or phone contract.

According to pfeg, 90% of teenagers worry about money on a daily basis.

The group also found in a study that 800,000 school leavers believe an Isa is an iPod accessory.

Wendy van den Hende, chief executive of pfeg, said: "Improving financial capability will give [teenagers] the fundamental skills and knowledge in financial matters to participate fully in society."

Many banks, including Natwest, Barclaycard and Lloyds TSB, offer student credit cards to help young people to manage their finances.

The Lloyds TSB credit card offers up to 56 days interest-free credit on purchases so that students can concentrate on their studies rather than worrying about their shopping.

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Credit Cards	0% Balance Transfers	0% Purchases	APR Representative (Variable)
	Tesco ClubCard Credit Card
	9 months	15 months	16.9%
** 16.9% APR representative (variable). Based on a credit limit of 1200 and purchase rate 16.9% p.a(variable). **
	Virgin Credit Card
	20 months	3 months	16.8%
** 16.8% APR representative (variable). Based on a credit limit of 1200 and purchase rate 16.8% p.a(variable). **
	Barclaycard Platinum with BT
	22 months	3 months	17.5%
** 17.5% APR representative (variable). Based on a credit limit of 1200 and purchase rate 17.5% p.a(variable). **
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