Most teenagers probably won’t leap at the prospect of learning about personal finance on their own. That’s why it’s important to take the time to teach them smart money management. To get the conversation started, here are seven topics worth discussing to help your teen avoid costly financial missteps in
Learning to save for what you want in life is a crucial life skill, but it’s one too few young people are learning. The first step to teaching your kids about money is talking about money. That’s why for financial literacy month, we’ll focus on helping young people develop good
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
Your child’s adventures in savings should start early and reach just as far as their imagination can take them. Here are a few strategies to get them interested: Let Them Play with Real Money Early money lessons often stick with your child as they grow into adults. For young children
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
