Does your teen have the money skills to be ready for life after high school?

Does your teen have the money skills to be ready for life after high school?

Is your teen going to college or vocational school? They need to make informed choices. Financially Independent Teens can help you! Your teen can learn how to compare the TOTAL cost of college or vocational school. They will learn how to compare and select loans. They see how to save and invest. Start your teen on the path to excellent credit, so important in buying a car or renting an apartment. The importance of building their retirement fund by opening a Roth IRA when they get their first job. This gives them confidence they can manage their future financial independence.

Raising money smart teens has many benefits beyond money and pays dividends in peace of mind. Good spending and savings habits learned early set your teen up for a secure future. By learning how to budget, save and invest your teen has the tools needed to begin their life after high school, whether they are in college, vocational school or are working. Make sure your teen has a plan for how to spend and save their money. Financially Independent Teens can show you how to teach them about financial literacy and financial independence.

Check out our books on financial independence at https://parentsfin.wixsite.com/website/books or our books Raising Financially Independent Children, Financially Independent Teens, Financial Essentials for Couples and Financial Essentials on Amazon.

Is your teen ready to leave home and live independently?

· Most schools leave financial education to the parents.

· Teach your teen to be money smart! Make sure they:

o Know how to evaluate the TOTAL cost of college or vocational school.

o Apply for the right kind of loans.

o Have a good credit score and wisely manage a credit card.

o Have experience paying bills and managing cash flow.

o Have an emergency fund to address unexpected expenses.

Is your teen financially competent and confident?

· Teach them to budget, save AND invest.

· Give them experience paying bills and managing cash flow.

· Have them invest in a Roth IRA when they get their first job so that they can get the benefit of investments compounding from an early age.

Good financial habits learned early set your teen up for a secure future!