“The method of the enterprising is to plan with audacity, and execute with vigor; to sketch out a map of possibilities; and then to treat them as probabilities.”
Christian Nestell Bovee
Learning to think about and manage money is exactly like learning to think about and reach ANY goal in life. It requires the same steps, the same mental process, the same elements (vision, commitment, resourcefulness, tracking progress, organization, making a game plan, etc.).
When I talk to my students about goal-setting for grades in English class, I notice lots of signs of boredom! Kids have heard it over and over. BUT, when I talk about goal-setting for money, suddenly, everyone is listening and participating.
College, wealth, health, grades, career, great relationships…all of these are important areas of life. Let’s make sure that the teens in our lives are dreaming BIG dreams, believing in themselves, committing to their game plan, and taking small and big steps to fulfill their dreams.
Take a look at these steps that you can follow to have a successful “goal-setting” conversation with your teen.
Easy Action: Learn about the Curve and two key elements of personal finance from Jay Sanders’ blog, Life on the Curve. He offers a wealth of information for parents and teens.
Resource at Your Fingertips: Check out WealthQuest for Teen’s Online Video Seminar and QuickStart Guide for a fun way for your teen to learn about saving, managing, and growing his or her money!
Remember to Pledge to teach your teen to be an excellent money manager! Vote “Yes. I will make the promise!” to let the world know that parents are doing their part to build a financially literate society!
© Your Teen’s Money Skills, Inc., 2012 All rights reserved worldwide.