About 54% of teenagers are worried about financing their futures. How can parents help their adolescents gain financial confidence and responsibility, especially in a world where money is invisible and gratification is immediate?
Join host Chris and Wealth Advisor Patrice Bening, a mom of two young adults, as they discuss various principles to implement with your kids as they grow an understanding of money and how to use it.
If you’re interested in learning about…
The importance of starting early when instilling money habits.
Giving money a purpose through simple frameworks (like 50/30/20) to plan before it’s spent.
Making currency "feel real" in a digital world by allowing your kids to see the exchange of cash
Encouraging adolescents to make the most of their biggest asset: time. Even small amounts grow meaningfully when you start early and stay consistent.
Modeling behavior for your teens. Kids learn more from what you do than what you say
When should I start talking to my kids about finance and investing?
What’s the best way to teach saving, spending, and giving?
How can teens begin building credit responsibly?
Are “get rich quick” strategies something young investors should avoid?
What This Means for Your Financial Plan
Teaching adolescents about money is about shaping long-term behavior. The earlier habits are formed, the more powerful they become over time. By creating structure, encouraging intentional decisions, and modeling healthy financial behaviors, families can set the next generation up for greater independence and confidence.
While no approach is perfect, the most important step is simply starting the conversation. Whether it’s $20 saved from allowance or a discussion about spending priorities, small actions today can lead to the most meaningful outcomes.
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