Teenagers Money Management

The coolest teenagers money management strategies. Help your working teens earn money. You will also find teen finance ideas and discussion on teens and credit cards.

Helping Teens Earn Money

Teenagers Money Management

One thing is for sure: as kids get older they become more and more expensive. Teens eat more, they travel more, they need more and more money for school, they cost more to insure, they are more expensive to buy gifts for, they like to go on expensive dates, they like to have expensive fun, and the list goes on.

So how does a teen make money? Helping kids earn money and learning money management for teens as early as possible can be a really good thing.

Working Teens

Which is more important? Work or School? On one hand working teens will get valuable real-life experience from working during school, but on the other hand school may end up taking a back seat at times if work gets in the way. Everyone's situation will be different, but a good balancing act between school and work may be just the thing.

What about safety for working teens? Parents should take an active role in their working teens' lives.

Teen Finance

Teenagers Money Management

Giving teens the opportunity to be part of their money management can be a positive and rewarding experience for both parent and child.

In any of the teen finance discussions you may have, remember to distinguish between needs and wants. Both can be good but understanding the difference between the two is critical to teens and money.

Inexpensive Date Ideas for Teens

Are you looking for great inexpensive date ideas for teenagers? Here are the coolest cheap date ideas.

Dating as a teenager can be a lot of fun, but it can get expensive in a hurry. Use these ideas to date and have fun without breaking the bank.

Teen Budget

Teen budgeting is not something that I hear very often, but a good budget can help money management for teenagers. What constitutes a good teen budget? Try out your teenager budget skills here.

Teen Spending

Teen spending habits are playing a bigger and bigger role in the U.S. and world economy. See the facts and make sure you are practicing smart teenagers money management.

Teen Debit Cards

Teen debit cards may be a great alternative to getting a teen credit card. Sometimes mistaken for a teen prepaid credit card, debit cards are prepaid, meaning that the card holder (or the card holder's parents) "load" up the card with a sum of money. Spending on the card is then limited to the money on the card.

Teens and Credit Cards

Should teens be allowed to have credit cards? The alluring convenience of credit cards is a double-edged sword that can quickly cause bad teenagers money management. Teens and credit cards is a topic that should be discussed between parents and teens to help ensure good teen money management.

Teen Debt

Teenagers Money Management

Credit cards seem to be the number one reason for teen debt. According to Robert Manning, the number of incoming college freshmen with credit cards tripled between 1999 and 2002.

Nellie Mae reported that those freshmen carried an average of $1,585 in credit card debt.

Although it is difficult to know exactly how many teens have credit cards, because laws require that anyone under the age of 18 have a parent co-signer, it is apparent that more and more teens are succumbing to credit cards and the debt that so often goes along with those cards.

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