For many of today’s young adults, the weakest link lies in learning the basics. According to a 2014 survey conducted by Harris Poll on behalf of Junior Achievement USA (2014 Teens and Personal Finance Survey), 40% of teens do not have a savings account, checking account, or debit or credit
We’d be “lion” if we said saving was easy. Given how important financial skills are to navigating life, it’s surprising that our schools don’t teach children about money. Parents are the number one influence on their children’s financial behaviors, so it’s up to us to raise a generation of mindful
1. Show them money comes from work. Rather than offering them an allowance, try setting up a commission-based system where kids get paid for the work they do. Take it a step further by having them put a percentage into their savings account and allowing them to spend a little
