Whether its the local ice cream shop or a popular retail store, a first job is an exciting experience that brings with it new kinds of responsibility and freedom. It is also the perfect opportunity to start teaching yout child about managing money, regardless as to what their paychek may look like or what their expenses are (if they have any).
We’ve put together three financial tips to teach your child about to get them to start thinking about their money and how they manager it. The younger they learn about financial responsibility and money management, the smarter they’ll be when it comes to more serious financial decisions down the line.
Most banks offer great incentives to teens when they open their first bank account. Some banks will offer a bonus for opening a checking account and most banks waive monthly maintenance fees and don’t require a deposit minimum.
After opening a bank account, see if your child’s...
April is finally here with warm weather, sunshine, spring, and Financial Literacy Month! Raise your hand if you're celebrating.
However, for the last twenty years financial behavior has not changed for the better among young people. In fact, it's worse.
What can we do?
Stop talking about it and do something about it!
If you are someone that is having financial troubles or if you know someone that is having troubles, take our Do Money Differently course and see the difference it can make!
Let’s start talking about it in the right way.
As humans, we're wired to be SUCCESSFUL at something. So, let's change the month of April to Financial SUCCESS Month.
At Young Money University, we believe traditional financial literacy is mediocre at best. So we want to give you confidence to start investing in YOURSELF with learning how to do money differently.