When today’s parents were teenagers, their own parents (today’s grandparents) probably had very different expectations for the career paths of their children. In the 1960-70s, many young teenagers set out to work as soon as they were able, and most of their parents, with their 1940-50s values of hard work and frugal living, encouraged this [...]

Ideally, children will learn about money management from their parents. After all, unless a student majors in finance or economics, the finer points of money management are not covered in the classroom. Begin with a stable personal money management system and teach it to children early. Teenagers will always want something; teach them money management [...]