3. Money Management

Money management is a subject that all teenagers need to learn.. Many of us adults wish we had received a little more instruction on this subject, don’t we? You don’t have to teach him every detail of financing but you should definitely cover balancing a checkbook and handling a budget. Another great way to teach money management is by making your teenage son earn money instead of just handing it over to him. He won’t appreciate this right now but will later in his life when he knows the value of a dollar.

The Cost of Life
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