Did you know that only 25 states in the United States require financial literacy courses in high school? Here are three topics to cover with your teen to set them up for success.
- Budgeting Basics: This will be a crucial skill for teens when they enter college and suddenly have to budget for everything from text books to pizza.
- Interest Rates: Another vital concept for college-bound teens who will have to take out student loans.
- Saving: Setting savings goals and establishing a “rainy day” fund are both excellent exercises for teens just getting used to money management.
Of course these tips aren’t just for teens! Anyone looking to become more financially literate would be well-served by diving into these topics.
Our team of financial advisors are here to help you and your teen through a variety of financial lessons. You’re welcome to schedule a complimentary consultation using the link below.
Market Recap Week of 2/13/2023 Through 2/17/2023