As your teen gets closer to graduating high school, it’s more important than ever to teach them about handling money responsibly. Most teens have very littler experience with real world financials at this point in their lives. Teaching them about money now can help them avoid consumer debt or even bankruptcy later on on life. Watch these financial responsibility videos with your teen to get them started learning the basics.
3 Financial Responsibility Videos for Teenagers
How to Practice Financial Responsibility
The first video is a great overview of the need to save money and the basic steps to do so. It includes budgeting, emergency fund, retirement and more.
How to Avoid Credit Card Debt
Next, you can watch a video on how to avoid 10 habits that will typically lead a person into credit card debt. While it’s important to build credit, it’s equally as important to use credit responsibly. Check out the second installment of our financial responsibility videos.
5 Things Every Grad Should Know
Finally, here is a video on the impact of student loan debt. This is a great video for any teenager hoping to go to college. It goes over how debt from student education loans can make your future challenging if not managed correctly or if too much is borrowed.
Hopefully, these financial responsibility videos will help jump start your teen’s financial literacy journey!
For more information and resources for teaching kids about money, visit ACCC’s Youth & Money resource page.