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The goal-setting conversation: Make It Real, Make It Matter, Make It Last


When you have that first and most important money conversation with your teen about setting a long-term financial goal, there are a few things to keep in mind:  The goal your teen sets is a number and an age.  For example, “I’m going to have $2M dollars in a bank account by the time I […]

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Does this sound like anyone you know?


Top 15 excuses parents use to avoid teaching their teens money skills:   My teen is too busy.   I’m too busy.   I don’t want to invest my time or money to provide this education to my teen.   My teen already knows how to save his money, so he’s all set.   My […]

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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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Wealth and teens: Is it about greed?


The words “wealth” and “rich” and even “money” seem to have all kinds of craziness attached to them! You’d think someone said SEX or something! Sometimes it may feel like it’s more comfortable for us to avoid the subject with our teens than to make it a normal topic of conversation that’s fun and easy […]

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The greatest gift of all


Teaching your teen great money habits and attitudes is giving them one of the greatest gifts you can imagine. Productive money habits and attitudes are the gift of a GREAT LIFE.  It’s really the gift of: Responsibility and maturity Self-determination Peace of mind Security Protection from the ups and downs of the economy The satisfaction […]

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Keep it casual


When you’re ready to have that important money conversation with your teen, consider doing so in a casual manner. When trying to make an impact and get through to your teen, Stefanie Hamilton suggests keeping it casual, rather than sitting them down for a big talk, which can be intimidating and put pressure on your […]

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WealthQuest for Teens or WealthQuest for Parents?


Teaching your teen great habits and attitudes is a journey of actions, conversations, and choices that accumulate over time.  As we say in the Basic Seminar for Teens, wealth is a journey…it’s a quest!  Being an effective parent in this area is a journey, too…it’s a quest! Like ALL important areas of life, this journey […]

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Too busy to teach your teen money skills?


What a great sign!  Busy teens are involved, living life fully, exploring lots of different activities and opportunities.  I hope all busy teens grow into busy adults. As a busy adult, how do you find time to fortify yourself, your foundation, so you have the energy to enjoy your pursuits?  I am finding that, if […]

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Teen philanthropy: Why wait?


EVERY expert in success, wealth-building, and living well tells us to give away some portion of our money (if we can). Philanthropy, say the experts, is part of living a great life. It makes us feel great about ourselves, it allows us to experience our power as citizens in our communities and in the world, […]

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Credit cards…a teen’s best friend


You can’t avoid it.  Credit cards are something that practically every teen is familiar with.  Therefore, part of teaching your teen how to be financially responsible means educating them about proper credit card use.   Janet Hutchins, guest writer on Jennifer Wagner’s “Connect with your Teens through Pop Culture and Technology” blog, discusses this topic […]