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Are Your Kids Spending Too Much

April 25, 2013 at 6:06 PM

And you’re getting stuck with the bill?

How to teach your teens about money.

How do you teach your teens about money—short of lending them your credit card and praying that they don’t hand it back to you maxed out?

How is it that your teens are so adept in the financial philosophy of “buying now,” but you’re the one who gets stuck “paying later”?

Why are your teens too young to have their own checking account or debit card, but old enough to spend hundreds of dollars shopping online?

Teens are growing up today in a world where it’s going to be harder for them to afford to go to school, harder for them to get jobs, and harder for them to do almost anything and everything. You know and I know that the debt the United States of America has incurred is not necessarily falling on us, but on the future of our children.

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Suze Orman - Are Your Kids Spending Too Much

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