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Teens and Money

Ask Carrie: Is Your Teen Financially Fit?

Carrie Schwab-Pomerantz, CFP | Posted 08.29.2016 | Education
Carrie Schwab-Pomerantz, CFP

Dear Parents-of-Teens, As your child heads back to school, you're probably looking at class choices and schedules, maybe even beginning a college sea...

Does Your Teen Need to File a Tax Return?

Carrie Schwab-Pomerantz, CFP | Posted 03.01.2017 | Parents
Carrie Schwab-Pomerantz, CFP

Dear Carrie, My daughter is 16 and has her first paying job. Does she need to file a separate tax return? --A Reader Dear Reader, Congratulations ...

Can You Help a Teenager Learn How to Invest?

Carrie Schwab-Pomerantz, CFP | Posted 11.23.2016 | Business
Carrie Schwab-Pomerantz, CFP

I'm all for young people starting to invest early for several reasons. First, it's a great way for them to learn about the mechanics of investing. Second, they can learn about the markets -- during both good times and bad -- without too much at stake.

Is Your Teen Ready for a Summer Job?

Jason Alderman | Posted 05.25.2015 | Parents
Jason Alderman

For teenagers, that first summer job is a major gateway to adulthood -- and the eye-opening realities that come with every paycheck.

How To Take Control Of Your Finances This Summer: Financial Tips For Teens & Parents Alike

Aisha Barrows | Posted 11.08.2014 | Money
Aisha Barrows

I've found that the summer months are the perfect time for a mid-year check-up on my finances, when I can adjust my financial goals based on my needs for the summer and throughout the year. Based on my experiences, here are a few tips for parents to consider as they talk to their teens about the value of saving money this summer (while still having a little fun!).

How Young Adults Can Up Their Financial Vocabulary

Posted 06.26.2014 | Money

The first of the month means bills, bill, bills. But for the majority of young adults those words don't resonate beyond catchy lyrics to a Destiny's C...

6 Big Mistakes Teens Make With Their Money | Posted 07.09.2014 | Money

If you're in high school and all you've got is an allowance, a part-time job and occasional birthday checks from Grandma, you're still ready to become money-savvy. The smarter you are with your cash, the farther it will stretch.

How Prepaid Debit Cards Can Teach Teens Financial Responsibility

Tami Farrow | Posted 07.08.2014 | Money
Tami Farrow

Certain prepaid cards are specifically designed with parents and teens in mind -- giving parents the ability to have control over how their teen is spending money. Using a card like this will help your teen develop into a financially savvy and responsible adult, while keeping the risks of offering them more financial independence at bay.

T Is For 'Teaching Your Teen' To Manage Money

Ann Zuraw | Posted 07.06.2014 | Money
Ann Zuraw

In order for teens to have full ownership of their financial future, they will need some important money management lessons. Parents have a tremendous influence and can help their teens' financial literacy improve today.

Money Management Lessons From A Teenage Entrepreneur

Austin McHenry | Posted 06.21.2014 | Money
Austin McHenry

A survey released this month by the Council for Economic Education found that fewer than half of states require an economics course as a high school graduation requirement, and only 17 states require a personal finance course. Fortunately, I was already armed.

Financial Literacy for the Entire Family -- Money Skills for Toddlers and Teens

Beth Kobliner | Posted 06.16.2014 | Money
Beth Kobliner

No matter where, or how, our children are getting their financial education, here's something that I know for sure: Parents are hungry to teach their kids the basics of personal finance.

How Teens Can Research Upcoming Purchases To Get The Very Best Deal

Eva Baker | Posted 04.23.2014 | Money
Eva Baker

I developed a plan for making sure that I get the best deals possible whenever I go shopping -- regardless of what I need to purchase. By taking a few moments to plan, you can usually save at least 10 percent and sometimes as much as 30 percent.

The Money Talk With Your Teen

Tyrone Jackson | Posted 09.01.2013 | Parents
Tyrone Jackson

For today's parents, raising teenagers can be overwhelming. Caring and educating your teen is a full time job with both rewards and challenges. Too often parents leave out money as part of the educational process.

Teens Vote Financial Institutions 'Most Unpopular'

Pamela Yellen | Posted 09.26.2012 | Money
Pamela Yellen

It's not surprising that banks and financing companies aren't winning any popularity contests with teens. But like many financial literacy educators, I'm concerned that kids aren't learning strong life skills to manage their finances.