Your teens may know what the latest trends are, which gadgets are the newest, and possibly what they want to do when they grow up…but they may not have the slightest clue about finances and budgeting and saving money.
Teens know that money doesn’t readily grow on trees, but they know that money can come from your pockets.
How do you teach your stubborn teens the importance of financial literacy?
Here are 2 tips from TheMint.org that may help you get started…
- Have light, casual conversations about money every day to get your teens to think critically about money so that they’ll be able to be responsible in using it
- Think about how YOU deal with money. Don’t impulsively splurge and expect that your teens won’t do the same.
In following these tips, hopefully you’ll raise responsible, frugal, and money-conscious young adults.
How do you teach your teens the importance of financial literacy?
Financial Literacy and Your Teens [Examiner]