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College graduates not prepared for the working world?


Steven Bahls, President of Augustana College of Rock Island, IL, considers Our graduates can’t create wealth and jobs if they don’t have the ability to balance a checkbook, or the skills to hold a job. . . .Why then do so many recent graduates seem unable to demonstrate sound decision-making in an area as fundamental […]

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The need is clear…..so let’s do something about it!


Parents who prepare their teens for adulthood by instilling great money habits and attitudes are extraordinary!  Your teen is learning a life skill that will allow him or her to have real self-confidence, peace of mind, security, a life full of options and opportunities, and the ability to make a real and lasting difference in […]

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Young adults need to improve their financial habits


The Charles Schwab 2010 Families and Money Survey revealed that parents of young adults (ages 23-28) “believe there are several areas of personal finance where their kids need to improve”. The top three areas mentioned were how to stick to a budget and live within their means (48%), how to save money (42%), and how […]

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The Laws of Money – No Degree Required!


Teach your teen the Laws of Money.  The Laws of Money are those principles that you won’t find in school textbooks or courses on personal financial literacy courses.  These principles are the basic understandings that wealthy people have and people who struggle with money don’t have.  They are consistently proven true by studying the habits […]

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How to Reach Your Money Goal on Time


Set up your Silo System.  This is the WealthQuest for Teens system for money management for teenagers.  This system is PERFECT for teens and it will serve your teen for his or her whole life.  This is a way to turn money into a tool that funds the life of their dreams—this is how your […]

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Board Game Teaches Teens About Spending


Check out this neat board game that teaches teens about smart spending.  What could be more fun than that?  The winner is the teen that not only generates income and makes positive financial decisions, but also effectively manages their time and does good for those around them. http://www.youthpreneur.net/shop/product.php?productid=16151&cat=0&page=1&featured

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The Goal Has Been Set…..Now What?


Once a goal has been set, the next thing to talk about is HOW to make it happen. How DO you make it happen?  You ease into it.  Get interested.  Get committed.  Picture the end result.  How does it feel?  What’s it like?  What doors opened? Take baby steps in the direction you are going.  Deal with […]

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Change Begets Change


WealthQuest for Teens’ programs teach teens that their habits and attitudes determine net worth. If you want to change how much money you have, you must change your habits and/or change your attitudes.  The two are interconnected.  Darren Hardy sheds light on the concept beautifully in this article: http://www.successmagazine.com/your-head-whats-in-determines-whats-in-your-wallet/PARAMS/article/1342/channel/22

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Money Talk 101: The First Conversation


Having the first money conversation with your teen might take some skills and preparation in order for it to go well. Remember, the most important part of the discussion is about long-term money goals.  When I talk to my students about their money goals, the first thing I learn is their belief in what they think […]

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What Will You Do About It?


I had a really interesting conversation with a father of two teens the other day.  He is committed to teen financial fitness, not just for his kids, but for all young people.  He said that when he talks to other parents about how they are teaching their kids money skills, he hears people say, “Teenagers […]