· 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!
Check out our Financial Independence Series sold on Amazon. The series includes Financial Essentials, Raising Financially Independent Children, Financially Independent Teens and Financial Essentials for Couples. Also visit our website https://parentsfin.wixsite.com/website/books or on Amazon
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