What Are Good Ways To Educate A High School Junior In Personal Finance?

Posted on September 21, 2009 by admin

My sixteen year old son has a job that pays about $80/week and a savings account with about $1,500 and a Roth IRA with a few hundred dollars. How would you teach him effective money management skills – credit/debt traps, budgeting, retirement, investing, etc.

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8 Responses to What Are Good Ways To Educate A High School Junior In Personal Finance?

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  1. flat back crystals says:
    September 21, 2009 at 8:03 am

    Send him out to buy groceries or let him pay the gas bill once. That should teach him a thing or two.

    Reply
  2. onephath says:
    September 21, 2009 at 8:03 am

    http://www.daveramsey.com/hope/nomatterw…
    might cost a little money – but so worth it! He is all about helping people, not getting rich off of selling the stuff.

    Reply
  3. Carlos G says:
    September 21, 2009 at 8:03 am

    Give him a gift: Rich Dad-Poor Dad by Robert Kyosaki
    He is in the correct road, he has a job and isn’t indebted.

    Reply
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