Goal: Help your teen learn how to manage their money
If you’re like most parents, you want your kids to become financially independent before they turn 40.
Start early and be consistent
Set a good example
Teach them the value of money
Have them open a bank account
Discuss wants vs. needs
Teach your teen about budgeting, saving, and the basics of personal finance. When they start earning, they'll need to know how to manage their money wisely.
Talk about credit
Teach about taxes
Cover the cost of living
Encourage financial education
Discuss college planning
Scroll down for resources that can help you.
01 | Read these articles
Stop Enabling Your Adult Child Financially
How Can You Help Your Kid Succeed in College or University?
02 | Enroll them in these life skill courses
Make the best personal banking choices
03 | Explore related career paths together