Financial Freedom Friday

How to Help Your Teen be more Realistic with Money

As your child enters their teenage years it is important to help them understand money. Managing money can be a difficult task. Many teens are not aware of the expenses required to own a home, car, etc. It is important for your child understand what it means to live within their means and what their needs and wants are.

Parents can also teach their teens about things such as taxes, gross and net income, deductions, etc.

Click here to find out more ways to help your teen become more realistic with money.