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How To Make Your Teen Financially Responsible

BankBazaar

Before they go to college, you must teach them how to manage money smartly. Is your teen always pestering you for that latest Virtual Reality headset or the hottest fashion outfit? Here’s how to teach them about the importance of money. Additional Reading: How To Make Your Teen Money-Savvy.

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Must Know: Important Money Lessons For Teenagers

BankBazaar

Here are 4 important money lessons that teenagers must know to become financially-wise adults. Let’s be honest – financial literacy is not something that is taught in school and financial exclusion of children is something we Indians have mastered over the years. Teach them how to write a cheque and how it works.

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Tips For Teenagers To Start Early And Build A Solid Financial Foundation

BankBazaar

Read on to know more about saving for a rainy day, understanding budgets, and growing your money. Every teen should step into adulthood with rudimentary financial literacy. If your kids earn an allowance, whether from a part-time job or from running an errand, it can instill a sense of independence in them.

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Wonder Years Or The Blunder Years? Teens And Money Management

BankBazaar

Here’s how you can prepare your teenage child for years of financial wonder and help them avoid money-related pitfalls along the way. Every time you think you have it all figured out, something comes along and smacks you upside your head and you’re back to square one. The life of a teenager can be pretty hard. Allowances.

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Talk Finances With The Kids!

BankBazaar

It is not meant to keep valuable info tucked away when it comes to talking money management with your kids! So, start the ‘finance talk’ early – it will do your kids and you a world of good! . Today, we’re talking finances; how it was handled over the years versus how we’re handling now. Times have changed.

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5 Financial Steps Parents Need To Take When A Child Turns 18

BankBazaar

When your child reaches the milestone age of 18 years, there are a number of financial responsibilities that you will need to help them take on. Turning 18 is a milestone not just for your kid but also for you as a parent when you learn to start letting go and prepare your child for their transition as an adult.

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Car Insurance for 16-Year-Olds: How Much Does It Cost?

MyBankTracker

You may pay more for less for car insurance depending on factors including: Your state of residence. Your specific ZIP Code (rates can vary dramatically within the same state). In addition, one of the most significant factors affecting your car insurance premium as a young driver is your gender. Michigan $14,691 $5,919.