Archive for the 'Girls, Teens & Young Women' Category

09 16th, 2008

In these turbulent times, bad credit and bills can come upon you quickly. As a teen just entering the “Real World,” they can get behind quickly if not given proper guidelines of money management. Many teens turn into adults that spend years trying to play financial catch-up but this trend can be prevented early. With some simple steps you can help your young teen prepare them for the “Real World,” and be on their way to success.

It doesn’t take much to show them and to give them the direction they need to succeed. With these tips you are sure to aid your teens in becoming successful adults.

Some things to work on are:

  1. Bringing them grocery shopping and teaching them how to shop for food the right way. This will prevent them from needing fast food and eating out a lot.
  2. Teaching them about cooking simple and easy meals they can freeze or reheat later on. This will keep their foods stocked and they can learn to stretch food out over many meals.
  3. Teach them simple budgeting and checkbook balancing. You can get a teen a checking account and work with them on keeping this balanced and teaching them good habits from the beginning.
  4. Teaching them to organize their bills, needs, wants, and money coming in. Something as simple as writing out a plan they can follow can go a long way.

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