Money 101 for Parents and Teens

Many millionares and billionares got their start as teenagers by investing right, and starting the right business at the right time. All teens get money in some way, whether it is through an allowance, gifts, jobs, or a combination of the above. But it is important to begin good habits at an early age. It is important to begin saving early, but continue spending, but doing so healthy.

This infographic shares income and spending habits of teenagers. It is a great comparison of various methods of income and spending habits of teenagers. Use this infographic and ask your students to write down how they compare. Ask you students to think about how their current spending habits and savings plans will help them or hurt them in the future.

It is important for everyone to continue spending money, but use this as an opportunity to share with your students healthy spending and saving habits. Also, share with them how to use a credit card wisely to help their credit. Encourage your students to continue their hard work in order to to a healthy financial future, as well as to encourage the economy, and most importantly, have a fun and comfortable life.


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