Whatβs the Best Way to Teach Your Teenager About Money?Β
If you’re raising a teenager in Ireland, you’re probably wondering how they grew up so fast. One minute it was bedtime stories, now itβs online shopping and βCan I get a debit card?β
The teen years are when they start rehearsing for adult life (and letβs be honest, sometimes they think theyβve already made it). Thatβs why this stage is the perfect time to teach them about money.
Financial planning is learning how to handle money wiselyβbudgeting, saving, spending, and planning for the future. Itβs not about making them experts overnight, but giving them the tools to build confidence and avoid money mistakes down the line.
Letβs look at a few easy and practical ways you can help your teen become financially savvy, without the eye rolls.