Teaching teenagers about money prepares them for financial independence – start conversations early about earning, spending, and saving.
Give them opportunities to earn money through jobs or extra chores with payment.
Let them make financial mistakes with small amounts while you can still guide and support them.
Explain how credit cards, student loans, and other debt work before they encounter these products independently.
Show them how to budget, comparison shop, and research major purchases.
Discuss your family’s financial values and decision-making processes in age-appropriate ways.
6 Awesome Opportunities to Teach Your Children About Money
