Financial Advice for Teenagers: Ways to Win With Money!

In this week’s episode of The Money Guy Show, we tackle the money concepts we think are important to start mastering as a teenager. Having winning financial knowledge as early as possible can have a significant impact on future financial success.

We compiled a list of study notes that will hopefully be a refresher on previous life lessons we have shared throughout the years. We take a personal approach on how we as parents can teach our children important money lessons. This episode lays out functional financial advice and the behaviors, habits, and character traits that can help prepare your teen with financial wisdom that leads to a lifetime of smart money choices.

Tune in to learn:

• Steps forward to conquer the financial world
• How to set-up a checking account and the lessons you can teach your teenager
• What good financial management looks like for your teen
• What good budgeting and cash flow management looks like at 14
• Nurturing a planner’s mentality in your child and how it can lead to financial responsibility
• How you as the parent can facilitate financial lessons
• The earliest you can start investing and the different pots available to your teen
• Why setting up a Roth IRA is a great idea for your child
• Ways to incorporate the theme of generosity with financial education
• BONUS! The 4 health benefits of being generous
• The traits of success
• The power of Thank You

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