Teach Your Teenager How to Handle Money
shared by thebaddaddy on Feb 12
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From the day you brought your kids home, they wanted to be the center of your universe—partly because they depended on you and partly because they wanted their needs met as quickly as possible. But ...
one great way to nurture patience is by saving money, which is where you can connect with your kids in a meaningful way. After all, teens want stuff. Sometimes, they want big-budget stuff. So, challenging them to save up for those things actually teaches them some incredible life lessons, like goal-setting, delayed gratification, sacrifice, self-discipline and, yes, patience. It’s never too early to think about life after graduation. In a world weighed down by student loans, your teens need to know that going to school debt-free isn’t a pipe dream. Challenge them to start looking for scholarships early. Parenting comes with its own unique challenges, including teaching teens about money. But you—and your teen—can do it together! And when you do, you’ll be on your way to raising more than just a great kid.
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