5 Essential Financial Lessons For Teens
When teaching teens about money, you learn that almost
everyone believes that they are experts on the topic of money.
As teens, they already understand the concept of working and
earning money and also that everything takes money to pay
bills and buy things. As a parent, you always want to teach
your kids more about money. As they start making their own
money, it is the right time to teach them about spending. Here
are five money lessons for teens:
About loans
Needs vs Wants
Create a Budget
Start Investing Early
Spend less than you earn