I shook my head in disbelief at what my son was telling me. I just couldn't understand the logic behind why he thought the plan of action he laid out for me was a good idea. I remembered that he's only a teenager and needed my guidance, so I took a … [Read more...] about Teens And Money: Don’t Quit your Job Until You Have A New One
I want my son to have a good financial education before he launches himself out on his own, therefore I take advantage of every opportunity I can to teach him financial lessons, as well as how to get the most out of his money. I want him to have a … [Read more...] about Teens And Money: Should Teens Work When They’re In Sports?
I'm encouraging my son to stop saving money. Even though we had an agreement that a certain amount from each paycheck would be automatically transferred into his savings account, I told him that I wanted him to stop. My son wanted to register for … [Read more...] about I’m Telling My Son To STOP Saving Money
In my efforts to gather all the documentation needed to do my taxes last weekend, I ran across my son's W2 form from his part-time job. I had tucked it away with other tax related information, and it reminded me that this is the first year … [Read more...] about Teens And Finances: Filing My Teenager’s First Tax Return
When my son got his first part-time job, we opened both a checking and savings account for him. Since he's a teenager, the bank required an adult be added as a secondary signer on the accounts. I added myself, which allows his accounts to … [Read more...] about Teens And Finances: 4 Reasons You Should Have Access To Your Teen’s Bank Accounts
My son handed me a piece of paper, asking me to look at it. The first few sentences reveled it was parental permission form for a field trip. He brings these home periodically needing a signature to release the school from any liability should … [Read more...] about Kids And Finances: Should My Son Help Pay For An Expensive Field Trip?
The balance between how much to save and how much to spend is a difficult concept to teach teenagers. It's challenging because teens don't have a firm grasp on how much things cost or the life experience to know what expenses they may face. The fact … [Read more...] about Teens And Money: How To Adjust Your Teen’s Budget When Income Changes
My sleepy eyed, bed headed teenage boy emerged from his room at 11:30am Saturday morning informing us that his friends were coming over at about noon to hang out. He declined my offer to make him lunch before his friends showed up, explaining that … [Read more...] about Teens And Money: Teaching Teens That Coupons Are Cool
