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parentsfin
Oct 62 min read

Educating your teen to be financially competent and confident is crucial for their future success.

  • Most schools leave financial education to the parents, so it's up to you to fill in the gaps.

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

    • Know how to comparison shop.

    • Evaluate alternatives for the best value.

    • Budget, save, AND invest.

    • Get a good credit score while young and then MAINTAIN it!

  • Begin them on a path toward an emergency fund.

  • Start their retirement accounts when they get their first job.

Does your teen have the money skills to be ready for life after high school? It is never too soon to start teaching money management skills. Good spending and savings habits learned early set your teen up for a secure future!

Teach your teen to set goals, make trade-offs, budget, and then take actions – including how to invest their money for future gains. Start your teen on the path to excellent credit, which is crucial for buying a car or renting an apartment. Ensure they are ready to lead an independent life.

Our books Raising Financially Independent Children and Financially Independent Teens both discuss how to teach children about budgeting and making choices. Give your teen the tools they need to succeed financially!

Check out our books at ParentsFin or on Amazon.

4oFinancial Independence Essentials

Financial Essentials for Women by Women

Financial Essentials for Couples  

Raising Financially Independent Children

Financially Independent Teens

Budgeting for Women by Women

 

 



 

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