Comments on: Free Financial “Playbook for Life” for Teens http://www.bloggingawaydebt.com/2008/05/free-financial-playbook-for-life-for-teens/ Our Journey to a Debt-Free Life Mon, 13 Feb 2012 00:10:21 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Family Man http://www.bloggingawaydebt.com/2008/05/free-financial-playbook-for-life-for-teens/comment-page-1/#comment-471829 Family Man Thu, 08 May 2008 19:41:40 +0000 http://www.bloggingawaydebt.com/2008/05/free-financial-playbook-for-life-for-teens/#comment-471829 Excellent post. We need to educate children on financial responsibility, or this cycle of debt will continue. Excellent post. We need to educate children on financial responsibility, or this cycle of debt will continue.

]]> By: danielle http://www.bloggingawaydebt.com/2008/05/free-financial-playbook-for-life-for-teens/comment-page-1/#comment-471800 danielle Thu, 08 May 2008 17:13:16 +0000 http://www.bloggingawaydebt.com/2008/05/free-financial-playbook-for-life-for-teens/#comment-471800 Anything will help when it comes to teaching kids about money. I plan on doing with my daughter what my mom did with me- she charged me rent as soon as I turned 18, and then when I moved out for good, she gave me back all the money that I gave her in rent. I didn't know all that time that she was saving it. It taught me to budget, and gave me a nice cushion to be on my own with. Anything will help when it comes to teaching kids about money.
I plan on doing with my daughter what my mom did with me- she charged me rent as soon as I turned 18, and then when I moved out for good, she gave me back all the money that I gave her in rent. I didn’t know all that time that she was saving it. It taught me to budget, and gave me a nice cushion to be on my own with.

]]> By: Jim ~ mydebtblog.com http://www.bloggingawaydebt.com/2008/05/free-financial-playbook-for-life-for-teens/comment-page-1/#comment-471782 Jim ~ mydebtblog.com Thu, 08 May 2008 15:08:27 +0000 http://www.bloggingawaydebt.com/2008/05/free-financial-playbook-for-life-for-teens/#comment-471782 I read through both the student and parent guide. Great information in there but I don't think there's any smart way to use credit and go into debt, at least it gives examples of the costs that can accumulate. Dave Ramsey has a similar type of program called Generation Change, granted his isn't a free download like this. This kind of information would have seriously helped me before I went to college. I always thought everyone had to get a credit card, learn to use it and pay it off in full, and rely on student loans to go to school. Been there, done that, and not going back. Hopefully parents will keep this kind of information handy when their teenager is getting ready to leave the nest soon. I read through both the student and parent guide. Great information in there but I don’t think there’s any smart way to use credit and go into debt, at least it gives examples of the costs that can accumulate. Dave Ramsey has a similar type of program called Generation Change, granted his isn’t a free download like this.

This kind of information would have seriously helped me before I went to college. I always thought everyone had to get a credit card, learn to use it and pay it off in full, and rely on student loans to go to school. Been there, done that, and not going back. Hopefully parents will keep this kind of information handy when their teenager is getting ready to leave the nest soon.

]]> By: Will http://www.bloggingawaydebt.com/2008/05/free-financial-playbook-for-life-for-teens/comment-page-1/#comment-471756 Will Thu, 08 May 2008 12:55:51 +0000 http://www.bloggingawaydebt.com/2008/05/free-financial-playbook-for-life-for-teens/#comment-471756 It's nice to see some action being taken about teaching teens about money. Financial literacy is a skill just like any other and has to be taught, preferably at a young age. They graduate high school and enroll in college with no financial education whatsoever, and when on campus credit cards are thrust upon them, setting them up for financial disaster. I wrote a post about it, titled "Teach Your Kids About Money and Reap The Rewards" : http://yourfinishrichplan.com/blog/2008/04/07/teach-your-kids-about-money-and-reap-the-rewards/ It’s nice to see some action being taken about teaching teens about money. Financial literacy is a skill just like any other and has to be taught, preferably at a young age. They graduate high school and enroll in college with no financial education whatsoever, and when on campus credit cards are thrust upon them, setting them up for financial disaster.

I wrote a post about it, titled “Teach Your Kids About Money and Reap The Rewards” : http://yourfinishrichplan.com/blog/2008/04/07/teach-your-kids-about-money-and-reap-the-rewards/

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