4 Ways to Teach Your Teen About Money

Time to Talk

With a new high school year on the horizon, many parents across Canada are thinking about post secondary education for their child. How can parents be sure their teenager is well equipped to manage their money when they eventually leave the nest?

While talking to teens about money is not always the most comfortable subject, it can be the most rewarding. After all, they won’t just learn about money, they’ll learn about math, economics, needs vs. wants, the real cost of products, work ethics, the value of a dollar, and so much more.

Here are some useful tips, tools and resources that will help get you started before the ‘Bank of Mom and Dad’ runs dry: