I believe that Personal finance encompasses all the decisions a person might make when it comes to cash flow, budgeting, retirement, investments, multiple streams of income, and insurance protection. Every adult is bombarded with decisions to make when it comes to all these areas of life and I try to help with my thoughts and opinions on the various topics.
In a perfect world, every school district would require its students to take a course or two on personal finance prior to getting a diploma. While it’s true some schools offer classes on money management and other aspects of financial literacy, the vast majority do not. This leaves it up to parents and other adult role models to ensure adolescents have the knowledge and awareness necessary to successfully navigate the world of personal finance. Here are some tips for those trying to teach teenagers about the fundamentals of personal finance: Make it personal It can be difficult to appreciate the importance of [...]