Teens and Money

When to Give -- and When Not to Give -- Financial Help to Your Teen These handy little questions ought to help you decide when giving or not giving is in your daughter's best interest and will or won't curb her growth, maturity, and independenc...

Parental Welfare: How Long Should You Support Your Kids? Just because she has left the nest doesn't mean your daughter won't continue to ask for financial favors either outright or in a less obvious way. Nor will you be rid of the temptation to ...

Help your teenager organize his expenses and save his money with this FREE teen budget worksheet. Download the worksheet and save it to your desktop. Your teen can type in his monthly expenses and income, and the worksheet will calculate his budg...

Talking About Money with Your College-Bound Child It is the summer after high school graduation and you are trying to mentally prepare yourself for the changes that are ahead. You have to get in some last mothering fixes before your baby leaves...

Help Your Teen Become a Wise Consumer While the nature of teenhood involves endless trips to the mall with lots of money dropped on makeup or at the video arcade, when it comes to major purchases, your teen wants to get the most “ bang for th...

Teach Kids About Buying on Credit Using a credit card to pay for things is more common in many places than using cash. So it's important as teens become more independent to be able to get their own credit cards and handle them well. It's not too...

Zina Kumok is a writer for TraditionalIRA.com and RothIRA.com specializing in personal finance. She started covering personal finance while blogging about paying off $28,000 worth of student loans in three years. A former reporter, she has covere...

Teach Kids About Charge Cards Money ABCs Credit cards allow your child to pay for things up to a certain credit limit (a fixed dollar amount set by the credit card company). For example, your child may have a $1,000 credit limit, allowing him t...

Teach Kids How to Build a Good Credit Rating You may be willing to give your child credit by making a loan. Loans to children from people they know are discussed Loaning Money to Your Child. Financial Building Blocks The three main credit repo...

Credit Card Basics By this point in your life, you probably have at least one credit card. And you can be sure if you have one, or even if you don't, you'll be offered more. Credit card companies in this country send out almost 2.5 billion offer...

Parents are increasingly allowing teens to get their own credit card. When they're used correctly, credit cards can help teens learn financial responsibility. Just be sure to prepare them with some wise tips to build good credit and prevent wild ...

When to Use a Credit Card An important thing to remember about credit cards is that just because you have them, you don't have to use them to rack up a lot of debt for stuff you don't need. As gratifying as it might be to throw a bunch of bags o...

Tips for Students: Credit Reports and Building a Strong Credit HistoryA credit report is similar to high school and college grade transcripts. Just like poor grades can negatively affect your career and academic options, a poor credit history can...

Tips for Students: What Many People Do Not Know About Credit CardsThe following items are not widely known. In fact, you may want to share these tips with your parents! If your credit card uses different rates for purchases, transfers, and cash ...

Teach Kids About Borrowing Money In Hamlet, Polonius warned, “Neither a borrower nor a lender be.” His cautionary words still ring true today. Using credit has become a quick way to instant gratification: You can see it, want it, and buy it ...

Credit Card Savvy: Plastic Tips for StudentsHere are the key tips for managing a credit card. They will help you minimize your expenses, limit your accumulated debt, and maximize your personal wealth. Before you start using a card, decide what i...

Giving Teens MoneyIs Our Guilt Causing Their Greed? American teenagers are spending more than my father took home in his paycheck when I was a kid, and more than I received in my first job out of college. My father toiled in the textile mills for...

Part of your responsibility as a parent is to teach your child financial responsibility. ...