My teenager and money

A few days ago I posted about my son and his financial knowledge. I included a diagram of my bank account activity and promised to enlighten you all with a follow-up regarding his insight and opinion… First and foremost I managed to coax him out of his room with promises of hot chocolate and pieces of chocolate orange. I also promised to not keep him away from GTA v for longer than 20 minutes. I sat him down, unravelled the diagram and was ready to met with gasps and ‘woahs’. The sort that conveyed his shock and bewilderment at just how … Continue reading My teenager and money

Does your teenager know the real value of money?

I spoke to my 13-year-old son the other day about learning the value of money. My Dad used to say this to me when I was younger every time I asked for some money for the shop and I always thought “Well, I know the value of money” whilst looking down in to my hand. “that one’s 10p, that one’s 50p, the shiny gold ones are worth £1 and the paper ones are the most valuable” His words were clearly lost on me. After many years and sleepless nights worrying about how I could budget my outgoings, I seem to, … Continue reading Does your teenager know the real value of money?