Teaching Your Teen About Money
educate your teen about money?
Because 11 percent of all teens have credit cards. Because the number of 18-24-year-olds declaring bankruptcy has increased by 96 percent, and because 78 percent of parents in one survey said their high schoolers had no budget whatsoever.
This brochure, second in a series on helping you and your children better manage finances, contains simple lessons for you and your teen on:
Handling earnings and taxes
Developing, then sticking to a budget
Saving for the future
Using credit wisely (hint: set a low credit limit).
Read the full report (PDF 411 KB).