Teaching the value of hard work is part of teaching a child how to be a productive and successful person. If you want something, and you work hard for it, you will be rewarded. There is, however, a flip side to the value of hard work. … [Read more...] about Teens And Money: Don’t Undervalue Your Hard Work
My son has been at college a few weeks now and is really enjoying his classes. He likes the pace of college courses and is exploring his way around campus and a new city. Even with all those new things going on in his life, I'm taking the opportunity … [Read more...] about Teens And Finances: Personal Finances While At College
As children grow up, they reach a point in their lives where the decisions they make begin can affect them for the rest of their lives. Events are stepping stones that can lead you in the right or wrong direction. For example, my decision to take a … [Read more...] about Teens And Money: The Long Lasting Effects Of Poor Decisions
There is a virtual cornucopia of college scholarship and grant opportunities available to people looking to go to college. I keep trying to impress this upon my son, who is a high school senior, but it just doesn't seem to sink in. When I was his … [Read more...] about 5 Reasons To Apply For Every Possible College Scholarship
When my son started his junior year of high school in September, I put him on a lunch budget. The plan was to $35 into his lunch account every two weeks allowing him to purchase the base lunch provided by the school, as well as the occasional extra … [Read more...] about Parenting Challenge: Should I Give My Teen Cash For School Lunch?
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
I was looking through my son’s bank transactions recently when I noticed something that required a discussion. I saw that he had withdrawn money from his account, and was charged a $2.50 ATM fee. When he received his debit card, I explained that … [Read more...] about Teens And Money: A Lesson in ATM Fees
Image courtesy of Stuart Miles at FreeDigitalPhotos.net My son has been earning allowance since before he was ten years old. His payrate has been $1 per week for each year of age. Every year on his birthday he recieved a $1 a week raise, but he … [Read more...] about When Should Teens Stop Receiving Allowance?
