Financial Tips for Teens

Welcome to another addition to Raising Money Savvy Kids! By the time a child is a teenager they will have many ideas about money. Some of these ideas, hopefully, will be empowered and smart. Others, not so much. Teenagers seem naturally inclined to take risks in many areas of their life, including financially. Let’s take a look at some financial tips for teens and ideas to help your teenager manage their money more effectively, and responsibly. 1. Save money regularly, even if only a little. Saving a little money from every paycheck (or weekly allowance if you’re still doing that) at this age may not seem to add up quickly, but if you can learn to do this right from the beginning you will create…