Here are four basic lessons on money-management for teens that parents should plan to teach their teenagers early on:
Here are four basic lessons on money-management for teens that parents should plan to teach their teenagers early on:Read More
Teaching children about healthy financial practices can be a challenge. Although there are good ways to give children an incentive to save money, it can be much harder to explain the value of saving.
Among the resources available to help parents with this task is “Money As You Grow,” a website created by the President’s Advisory Council on Financial Capability and launched by the White House in May 2012.
The “Money As You Grow” website helps parents to teach financial literacy to their children. Written in easy-to-understand language, it seeks to remove some of the complications and unease that often surround money issues. The website has segments for five separate children’s age ranges: 3-5 years, 6-10 years, 11-13 years, 14-18 years and 18-plus years.
Here are some of the money tips for kids and lessons that the “Money As You Grow” website offers:Read More
Children aren’t money-savers by nature. If they receive some money as a gift or for completing their chores, they likely may want to spend it on the first thing they can think of if they have not yet learned how much fun it can be to save money.
Early on, it is important for parents to begin teaching kids to save money. One of the best ways to develop a child’s interest in saving money is to provide incentives while at the same time teaching the value of the action.
Here are a few helpful tips for providing incentives:Read More
It can be hard for a young adult to land a job in a chosen field without having had relevant work experience. One of the best ways to build a résumé and work skills is through internships. How to be sure that an internship will assist one’s career? A National Association of Colleges and Employers (NACE) survey found that 65 percent of college grads working in paid internships were likely to receive a full-time job offer.Read More
By working outside of the home, high school students can develop real-world experience, independence, time management skills and responsibility, as well as earn money. Is your teen ready for a job? Following are some surefire signs:Read More