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Teen Development – Teaching Your Teen Financial Responsibility

Money Doesn't Grow on Trees
Money Doesn’t Grow on Trees

What should your teen be responsible for purchasing?  Better yet, at what age should you begin making your child or teen responsible for select purchases? Many parents begin teaching this lesson very early on, while others, in the name of “allowing their children to be children” will purposely cover all purchases no matter how small.  The latter could set your child up for financial failure. Regardless of your financial status, all children should be taught financial responsibility. Continue reading Teen Development – Teaching Your Teen Financial Responsibility