? ?Starting Young: Teaching Teens to Save Money? Parents mostly complain that teenagers do not listen to them. The opposite is true when it comes to advice regarding ‘money matters’. Teens actually welcome their parent?s input about their finances. In the past few years, teenagers have earned billions of dollars with part-time and summer jobs. Some have spent most of what they earned, while others saved most or even all of it for a big purchase, or for their college education. Kids these days are becoming more and more aware of their family’s source of income and financial status. They apply these money-spending principles when they venture out on their own. Thus, it becomes more of a parent?s responsibility to start ?training? their teenage kids to use their money wisely. Here are some ways on how you, as a parent, can teach your teens to save those hard-earned bucks: 1. Lead by example.
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