Teaching your teen to read a card statement
Most teens can tap a card but have never once read the record it leaves behind. Reading a statement — line by line, out loud — is where money stops being invisible and starts making sense.
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Most teens can tap a card but have never once read the record it leaves behind. Reading a statement — line by line, out loud — is where money stops being invisible and starts making sense.
Most teen budgets fail in week two because they're built like adult spreadsheets. The one that survives is embarrassingly simple: real numbers, three buckets, and room to mess up once.
Inflation is an abstract word until it happens to something your teenager actually wants. Their wishlist — the sneakers, the phone, the game — is the clearest classroom you have. Here's how to use it.
Every kid can recite that a bus fare is a need and a game skin is a want. Getting them to feel the difference in their own spending is a different job — and a spending log does it better than any lesson.