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Updated by Ben Jones on Dec 22, 2022
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How to Teach Money Management Skills to Your Teens

Money Management Skills, Did you thinking of teaching your teens about this skill now, to protect them in the future?

Many teenagers are eager to strike out on their own when they finish high school or college.

As parents, it is our job to help them with their futures and what challenges lie ahead.

When I was young, I remember watching televised college graduation, and atop one of the student’s graduation caps was the message, “Send $.” Although it was a clever joke, the sentiment rang true.

When most students graduate college, they find themselves mired in debt. Whether it’s student loan debt, credit card debt, or just poor money management skills, young people can find themselves in serious trouble unless we prepare them for the financial realities of the real world.

This blog post will discuss the various basic money management skills that you can (and should) teach your kids before they leave the nest.
Read the full article | How to Teach Money Management Skills

Source: https://educounting.com/how-to-teach-money-management-skills-to-your-teens/