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The Importance of Goals


“The method of the enterprising is to plan with audacity, and execute with vigor; to sketch out a map of possibilities; and then to treat them as probabilities.” Christian Nestell Bovee Learning to think about and manage money is exactly like learning to think about and reach ANY goal in life.  It requires the same […]

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12/16/11 ~ This Week’s Roundup


This week’s roundup is a mix of sites and articles that I came across this week.  I realize that some may not be directly related to the topic of teen financial literacy, but I feel that they are important to the cause because the key to being able to talk to your child is to […]

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Smart Financial Management Starts with You


Take a look at this interesting blog post from FiscalGeek.  It speaks to the fact that you can’t assume that your children will learn about financial responsibility in school or elsewhere.  The article also calls out some of the common influences that make it difficult for teens to learn about smart money management. © WealthQuest […]

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Teen money habits are influenced by friends’ money habits


Teens learn money habits and attitudes from each other.  Talk to your teens about how their friends are with money.  What do they think about what they see?  How do they feel about it?  Is it easy to be around friends who spend without accountability or consideration?  What do they think those friends are going […]

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10 Money Tips Every Teen Should Know, by Laura Adams


This week’s guest post features Laura Adams, author and personal finance expert.  She shares the top 10 tips every teen should learn in order to become money-savvy. Becoming savvy about money doesn’t happen overnight. When the time is right, take advantage of every opportunity to teach your kids about money. Those early lessons and conversations […]

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Doing it Alone


Are you the only one teaching your teen about money?  Often parents think that it’s their role to do so and they are taking care of it.  They are teaching the teens in their lives what they need to know.   The problem is that this is a dead end road. Wealthy people are constantly learning […]

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12/09/11 – This Week’s Roundup


TGIF!   Hit that ‘end of the week’ slump?  Perk right up by checking out these interesting (and witty!) blogs that caught our eye this week. Len Penzo dot Com.  Len gives a humorous account of a recent conversation between him and his teenage son, which resulted in a lesson about payback periods.  Get Rich Slowly.  Donna discusses […]

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Teaching Teens to ‘Own Your Own Future’!


Parents, check it out!  Own Your Own Future is a very cool website for your teen.  Created by Texas GEAR UP and the Texas Education Agency, this site is a collection of resources for teens who plan to go to college.  It’s all about goals and making them happen. © WealthQuest for Teens, Ltd., 2011 All […]

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For teens, wealth building skills are life building skills.


Consider the habits and attitudes Sean Covey, author of The 7 Habits of Highly Effective Teens, measures to determine the efficacy of his programs: I feel in control of my life. I care about the well-being of others. I exercise my mind by reading, learning, etc. People say I am a good listener. I set […]

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Leslie Dashew’s Guide to Raising Healthy, Competent Adults


Today’s post features advice from Leslie Dashew, author and family business consultant.  When asked of the top 10 lessons that parents must instill in their teens in order to ensure financial responsibility, this is what Leslie offers: “As an advisor to families who have businesses or share assets, I have often been called upon to […]