Teaching our Kid$ About Money

The summer is a very expensive time of year. Between camp, supplies for camp, and requests for special treats, I and my wallet feel drained. I was excited when a friend suggested that I write about teaching teenagers how to budget as I reasoned that would give me an impetus to get a handle on the topic (keeping in mind my husband’s reminder that I should only write about what I know!).
Fortunately, our community is blessed to have the wonderful organization Mesila, which counsels families on how to stay fiscally responsible. I will leave it to them to provide the practical tips on managing the finances in our lives. Many of our local schools also teach financial management during middle and high school, and these programs should be encouraged and expanded. What I can do is provide some additional ideas that can help frame this important topic.