8 Money Lessons To Teach Your Kids

By on August 23, 2013

kid-money

Believe it or not, your kids will at some point have to pay their own bills. No, this is not a joke. I know many parents who are slowly getting their 25 year old son or daughter used to the fact he or she will soon have to pay their own phone bill. If you feel the same and aren’t quite sure where to start, this article will surely help you out.

From the basics of how a credit card works, to the benefits of a loan, there are basic and advanced personal finance lessons that your kids should know before leaving the nest. Apply your wealth of finance knowledge with a few techniques from the Bargain Babe like an advanced budget challenge, and they’ll leave home with a greater sense of monetary security.

Instead of them leaving home and calling for money every other month, use these 8 Money Lessons to Teach Kids in High School from the Bargain Babe and prepare them for their financial future. Trust me, these lessons now will save you a headache later, and your bank account.

Russell Kith

About Russell Kith

Russell Kith grew up in small town Wisconsin, the youngest of 4 boys. Having devoted most of his adolescent years to troublemaking, he left home at 18 and roamed across the world taking a variety of jobs he declines to specify. These days, you can find him writing about personal finance on the web. You can follow Russell on Google+ or Twitter.

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