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Good Financial Manners for Teens

Good Financial Manners for Teens

What should you do in a restaurant, at the mall, or on a trip? Here are a few hints on how to be a good guest, a good date and a good friend, when it comes to money. Sometimes you will find yourself in situations where money is being spent for recreation...

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Teenagers Gambling

Teenagers Gambling

She started gambling when she was 7. Her parents, both alcoholics, thought it was cute to have a child playing poker games with the adults. Karen H., who doesn't use her full last name as a rule of anonymity through Gamblers Anonymous, has not gambled...

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Teenagers Borrowing Money To Pay for Stocks

Teenagers Borrowing Money To Pay for Stocks

"Margin" is borrowing money from your broker to buy a stock and using your investment as collateral. Investors generally use margin to increase their purchasing power so that they can own more stock without fully paying for it. But margin exposes investors...

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Teenagers Borrowing Money

Teenagers Borrowing Money

In Hamlet, Polonius warned, “Neither a borrower nor a lender be.” His cautionary words still ring true today. Using credit has become a quick way to instant gratification: You can see it, want it, and buy it now (pay for it later). Borrowing certainly...

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Teach Your Teens About the Economy

Teach Your Teens About the Economy

In school, children may learn that the United States has a capitalist economy. They also may learn about historic events such as the Great Depression, but until they take a course in economics in college or their senior year in high school, they don't...

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Money Concepts to Teach Your Teenagers

Money Concepts to Teach Your Teenagers

I’m only now learning habits that I wish I had when I was entering adulthood. I think I’m not alone here, but if I had these habits when I was young, I’d be pretty well off now. Because of that, I plan to teach my kids about money, to give them the value...

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Teenager's Allowance & Money Management

Teenager's Allowance & Money Management

Money is an area that parents and teens may find conflict. It’s difficult to say no to your child and to teach him the importance and responsibility of handling money. One way to teach your teen financial responsibility is to give him an allowance. This...

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