Money Management

February 1, 2016

     This quarter in Reading Skills with Mrs. Ritta-Olson, we are focusing on money management.  The articles we are reading show that teens struggle with money because of lack of experience with real-world money experience.  Here are a few tips from the article “9 Ways to Teach Teenagers About Money” to help teens become more money conscious.

  • Encourage them to play online games that teach about money management

  • Give them a monthly budget

  • Develop a clothing allowance for a specific period of time

  • Have your child(ren) help develop a vacation budget

  • Teach them about thrift

  • Openly discuss college costs

  • Discuss identity theft and how they need to protect themselves