Teenagers and young adults
Teens and young adults generally start to earn money and make decisions on their own. Adult supervision, guidance, and feedback can help them navigate successfully.
Has your teenager set a goal, looked up missing facts, and followed through to reach it?
At this age, independent decision-making is a money milestone that you can watch for and help your child reach.
Money ideas to talk about and try out with your child
Say: You can earn money through an allowance or by doing jobs for the family or others.
Say: You can start a habit of putting money aside for things you want.
Say: You need to make choices about how to spend your money.