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Top 10 Most Important Things Parents Can Do to Raise Teens with Great Money Skills


Have your teen set a financial freedom goal that sounds something like, “I will have $X by age X that will allow me to be completely financially free so I can have _________, be ______________,  do _____________, and help _____________  without financial worries or constraints.” Teach your teen the habit of tracking his/her money.  Use […]

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The whole depends on its parts


Let’s take the “haphazard” out of our teens’ money management habits!  Many of us learned our money habits piecemeal, rather than as a whole system with all parts working together.  As a teenager, when the occasion arose to contribute to charity, I sometimes donated some of my own money.  When I wanted to save for […]

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The new model for teaching your teen great money habits and attitudes


Becoming an adult without GREAT money habits and attitudes in today’s economy is a REAL handicap.  Let’s be sure to give the teens in our lives EVERY skill they need to succeed. One way to do that is to give up being the sole source of your child’s money education.  People who are masterful with […]

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The path that brought me here


Why do I teach money skills to teens?  It all started, actually, as a way to teach my students to make better grades.  When I talk about improving grades, I can expect my students’ eyes to glaze over almost immediately.  Pencils start to spin around fingers, phones appear in their laps for texting, shoulders slump…you […]

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Raise those expectations!


Most parents, in the Old School Model (check out the WealthQuest for Teens’ Parent Guide for details), think their teen has done something amazing if they make a donation to a charity or save for a really big purchase or put away some money for the future.  Each of these actions is valuable and important […]

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LEARN about money!


Start to learn about money.  Parents who try to be their teen’s sole source for money skills are preventing their teenager from learning the habit of engaging in lots of opportunities to explore.  People with great money skills have this as a life habit, and starting to practice this habit as a teen is exactly […]