Connect With Us!
Seeing is Learning!
  • Cee & Learn, Inc. A 501(c)(3) Literacy Awareness Org
  • Programs
  • Partnerships/Collaborations
  • About the CEO
  • Resources
  • Calendar
  • Contact us
  • Donate
  • Blog

11 Things Teens Need To Know About Money Before They Spend It

1/15/2017

0 Comments

 
Picture
In today’s blog, I will be listing 11 things all teens need to know about money before they start working. ​
​

There are only 5 states that require their students to take financial literacy classes​

​
​Alabama, Missouri, Tennessee, Virginia & Utah require high school students to take a class about financial literacy. However, I am very happy to mention that there are many schools in the states not listed above that have started to implement career preparedness courses in their curriculum because they believe that our teens really should learn about how money works before signing those working papers. 
​
​I remember how happy I was when I was old enough to get my working papers. My first job was at Kentucky Fried Chicken on Frelinghysen Ave in Newark, NJ. I was so thrilled when I got my first paycheck. I took 10% out for my tithes, 40% for my savings envelope and spent the other 40% on stuff I wanted for myself.  I had financially literate parents who taught me how to manage my money this way.  However, over the years, I have discovered that there are teens being raised by parents who are financially illiterate and if these teens are not exposed to financial literacy before they reach adulthood, they may end up repeating the same bad spending habits. 
​

​Below are the 11 things teens should learn about money before they spend it:

  1. History of Money
  2. Budgeting
  3. Pre-Bank Account Home Savings System
  4. Bank Savings & Checking Accounts
  5. Identity Protection
  6. Debit & Credit
  7. Buying a Car
  8. Part 1: Pre-College Expenses
  9. Part 2: College Expenses
  10. Moving Out/Rental Expenses
  11. Bargain Shopping  


​Financial Literacy Matters!

​
​Teens living in today’s society are able to access financial literacy resources, tutorials & webinars on the internet. I was not able to do so when I was a teen. With some direction and a gentle push from us parents, our teens will become financially strong adults.  And just maybe we can learn something new from them along the way.  
​
​If you enjoyed this post, subscribe, please leave a comment below and share with your friends on social media. Let's connect!
Picture

Author

My name is Cee Strickland, and I’m the founder of Cee & Learn. I live in New Jersey and have 3 daughters and 2 grandkids. I super love literacy! Read my full bio by clicking here. Literacy Matters!


Sources:

 Folger, Jean. "Teaching Financial Literacy To Teens." Investopedia. N.p., 30 Apr. 2013. Web. 15 Jan. 2017. <http://www.investopedia.com/university/teaching-financial-literacy-teens/>.

​Berman, Jillian. "Only Five States Require High School Students to Take a Class about Money." MarketWatch
. N.p., 20 Oct. 2015. Web. 15 Jan. 2017. <http://www.marketwatch.com/story/teaching-about-money-does-your-state-make-the-grade-2015-10-20>.
0 Comments



Leave a Reply.

    Cee & Learn

    PO Box 110      Montclair NJ 07042
    contact@ceelearn.com 


    Picture
    Cee Strickland

    Author​

    .I’m the founder of Cee & Learn. I live in New Jersey. I am a Literacy Awareness Coach,  Advocate, Tutor, Speaker, Facilitator & Writer. I have  3 daughters and 4 grand-kids. I love dark chocolate! I am also a pageant queen whose platform is literacy! Read my full bio by clicking here. Literacy Matters!


    Categories

    All
    Holiday Literacy Activities
    Social Matters
    Stay Keen In 2017
    Teen Finances
    Youth Learning Disabilities

Phone: 908 379-8050
Email: contact@ceelearn.com 

Cee & Learn is a registered 501(c)3 nonprofit  EIN: 20-4314806  Copyright © 1995-2021. All Rights Reserved.