Your Teen's Money Skills

The Most Important Lesson Your Teen Needs to Learn From You

Jill — Fri, 18 May 2012 16:08:29 +0000

As a busy adult, how do you find time to fortify yourself, your foundation, so you have the energy to enjoy your pursuits? I am finding that, if I don’t pay attention to the fundamentals, like nutrition, sleep, money, being quiet for some part of each day, I feel drained, worried, and depleted. I start [...]

Invest In Yourself By Investing In Others

Jill — Wed, 16 May 2012 15:34:55 +0000

Guest post by Chris Shannon, Financial Literacy Consultant It seems that when you have nothing to give, the requests for donations multiply. Lately, my mailbox is filled with more requests for donations than with bills—requests from organizations we used to support, organizations I would consider supporting, and many, many organizations I have never even heard [...]

Want to Prepare Your Teen for Adulthood? It Starts With Your Promise!

Jill — Mon, 14 May 2012 21:20:23 +0000

Money management is a critical life skill that we no longer can afford the luxury of ignoring. Nor can we afford the luxury of expecting someone else to take care of it for us. Please take a moment to register your voice among the extraordinary parents who promise to raise their teens with great money habits and [...]

How Can We Raise Our Teens to Become Wealthy Adults?

Jill — Fri, 11 May 2012 17:52:57 +0000

Wouldn’t it be nice to have a 100% Guaranteed Method for helping the teenagers in our lives grow into wealthy, fulfilled, confident and contributing adults? Unfortunately, there is no such parenting guide, but if there WAS, here is what an excerpt might look like: Six Sure-fire Steps for Raising Wealthy Children Share and model positive [...]

The Three Simplest Ways to Empower Your Kids Financially

Jill — Wed, 09 May 2012 16:45:41 +0000

Guest post by Elisabeth Donati, owner of Creative Wealth Intl., LLC and author of The Ultimate Allowance. You may be thinking to yourself, “Is there something simple I can do to make sure my kids don’t move home after they move out?” In other words, make sure they are financially self-reliant. I’m here to tell [...]

The Shocking Truth about Teens and Money Skills

Jill — Mon, 07 May 2012 15:29:20 +0000

According to the most current research on brain science, the teen years are a “prime time for learning financial sense”. Tina Gladstone, in her report “Early Teen Years a Prime Time for Learning Financial Sense”, reveals the findings of author Barbara Strauch, in her book The Primal Teen. “When it comes to money, it makes [...]

Informative and Comprehensive Resource for Talking to Teens about Money

Jill — Fri, 04 May 2012 13:25:11 +0000

“As parents, you play a key role in shaping your children’s values and attitudes about money management.” Talking to Teens about Money, a publication created by Consumer Action in partnership with Capital One Services Inc., is an excellent resource for parents. It contains examples, worksheets, and helpful tips. Topics covered include all of the Five [...]

How to Use Board Games to Raise Kids with Great Money Habits and Attitudes

Jill — Wed, 02 May 2012 15:07:36 +0000

Lots of people avoid teaching their kids to be great money managers because it seems like a set of skills most of don’t really have. So we figure, “We’re getting along okay, dealing with the inconvenience and stress that come with poor money management skills, so my kids will survive, just like we do.” The [...]

Five Ways to Teach Your Teen Great Money Skills

Jill — Mon, 30 Apr 2012 16:17:11 +0000

With all the talk about how we must prepare teens with great money skills, there isn’t a lot of information or guidelines for parents. We talk a lot about teaching about personal finances in schools, we see more and more organizations that serve our youth offering programs about money, and we see banks and credit [...]

Secrets of Parents Raising Teens with Great Money Skills: A How-to Guide

Jill — Fri, 27 Apr 2012 16:04:02 +0000

Jim Collas of Fox Business weighs in on the allowance controversy and other best practices for teaching teens great money skills. Like all of the experts in the field, Jim promotes practicing money management strategies with built-in accountability. Jim tells us, from his personal experience, what works and what doesn’t work in the real world [...]