PayPal
PayPal is the worlds biggest 'online bank'. Its a service that you can use to send and receive money to and from different people. You can also add money to your PayPal account from your bank, and also withdraw money from your PayPal account to your bank account.
Signing Up
Click here to sign up for an account. Choose the 'Personal Account' option, then make sure the country/region is the area you really live in, then click 'Continue'. Just follow the instructions, but for your date of birth, put it so your over 18 as you have to be over 18 to have a PayPal account; silly I know.
Dont worry about being caught, i've had mine for nearly 2 years and havnt. Even if you do, there just freeze your account and that will be it. Make sure you withdraw money when its around £50 (or an amount that you feel happy with) in the unlikely event this happens.
If you need help, just email me at mike@moneyforteens.co.uk