When talking to teenagers about money management, concept many of us believe they are expert on the topic. As teens, they understand how to manage money, savings and manage expenditures only if they are Guided by their parents and elders.
Most teens also know that saving money and donating to causes, and those less fortunate is essential. Just like your child takes math, history, science, and language arts classes at school, there are essential concepts your teen needs to master about money. Helping Your Teens Build A Bright Financial Future Teaching teens about money is a long-term process that includes practical learning what they see how their parents manage money. Some of the lessons work well with younger teens, while others won't be appropriate until after they get their first job or graduate from high school. But understanding and learning about saving money goes side by side Financial literacy the earlier the better Don’t worry if your child is not old enough to sign contracts. They can always learn about savings with a piggy bank. They can write down budgets and record expenses in the humble notebook. Let them learn banking operations. The options are limitless. Age is just no barrier to get financially literate.
0 Comments
Leave a Reply. |
AuthorHi! I am Tim Connolly and I am providing help to parents to bring up their children in a healthy environment. I am working in this profession from last 5 years, if you have any query regarding this please contact me. Archives
June 2021
|