As parents and leaders, we want to do whatever we can to raise our teens so they are prepared to be happy, productive, thriving adults! And sometimes it looks like, once they are teens, there’s not much more we can do for them. We’re busy, they’re busy, and just holding it together on a daily… Continue Reading
Have your teen set a financial freedom goal that sounds something like, “I will have $X by age X that will allow me to be completely financially free so I can have _________, be ______________, do _____________, and help _____________ without financial worries or constraints.” Teach your teen the habit of tracking his/her money. Use… Continue Reading
√ Practice: Does your teen employ a system of money management that has their money lined up with their current needs, wants, future goals, and commitment to the greater good of humanity? √ Talk: Does your teen talk about money with people who can teach them about it? Do you talk about money at the… Continue Reading
With regards to parents, teens, and money, we are full of automatic responses, most of which don’t really make sense OR make a difference with kids when we really look at them. One example is BUDGETING. Budgeting your money is just like dieting—they both promise big results and they both ultimately fail because they don’t… Continue Reading
Guest post written by Chris Shannon. Career center staff, overwhelmed, simply told several hundred teens participating in a summer jobs program to “just put ‘Exempt’ on the W-4 withholding form” so that no taxes are taken out. When asked why, staff replied, “It’s too much effort for these students to file to get that money… Continue Reading