Suze Orman TwitterSuze Orman FacebookSuze Orman YouTubeSuze Orman LinkedIn
View Blog & News List

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.

Read Full Article

Suze Orman - Are Your Kids Spending Too Much

Tag Cloud

studenthealthy aging Federal Stafford loanFederal Funds Rateincreased auto insurance premiumlong-term care premiumsSandy Hook Elementary Schoolfile asapInfluential CelebrityFinancial Cliffdon't charge a pennyidentity fraudWashingtonprotect loved ones only refinance if it paysno private loansenjoy saving shop online guaranteed level term policySelectQuote.comincrease retirement contribution ratehigh down paymentbalance transfer gay marriage ban end Florida best interest ratesbetter loan ratesChanging LivesSandy Hook Promiseresponsiblerolloverfull retirement agesocial security never insolventpresident Obamahigh credit score discountprotect your familyraise insurance deductibleFinancial Awareness Video Festivalquick closingnon conventional routesummer job match income Most Influential Celebrities Listaffordable premiumstore credit cardsmoney-aware childFundshealthy retirement blood pressureretirment savingsovercome financial fearsSchool of Social Workno fee transfersocial security not going brokeSave Us Moneyone annual feehome buying season8 Rulescostly insurance mistakeFinancial Gift Cliffhousing marketdental discount plankeep a scheduleEasy Life Insurance home buying budgetsetup automatic savings withdrawAlarm Clockmonthly benefit contribution lower premium20% equityRevocable Living TrustCollege of Veterinary Medicineallowance tasklower rateCredit scorefocus on needsswitch to roth 401(k)multiple lenders15 year mortgagecredit cardTelepicturesorigination feescouple financesdo not pay allowance for good behaviorHDHP's are not badThe Suze Orman Showhigh FICO scoreBill and Pennyemergency fund january billsaffordabilityMass Mutualbad retirement planningbudget8 month safety netdebtInflation Benefitidentity theftHeartage appropriate choreprovider of financial supportHigh FICO Score = Better Ratepay interest while in schoolfour steps to retirement savings Retirement Savingscredit managementunder 18 financial giftautomatic withdraw to savings dangerous money seasonRetirement IncomeETF'spublic service loan forgiveness programloan is giftdon't ignore open enrollmentcollege graduatespeak new goalmortgage brokertaxesretain separate credit cardsCredit Card Interest RateFICO credit score credit card mortgageBeautyhigh premiumsHolidayJose Rodriguezstretch out haircut appointmentsinsurance yearly reviewlower mortgage interestFICO Scorecar leasingclosing disclosureteens and moneytax ID theftearn allowancewomen outlive meninsurance mistakecostly legal create new truthget health insuranceincrease emergency savingsengaged in financesraising interest ratesno splurge rent vs buyiffy incomeSuze approvedConventional loan PMIlow mileage discountreduce monthly paymentcar buying mistakesOne Wallet At A Timeoverspend on nights outLTCi ASAPphysical healthAccuQuote.comterm insuranceHow To Build CreditMinor Children teensPrime Rate IncreaseSpendingfinancing car Gay RightsCNBCwomen longer life spanoverspend on dining outfiduciarymortgagestudent loan debtmonthly dental insurance premium2017 TaxescommissionsStaffords this year have a fixed 6.8% interest ratesuccessbad decisionsAARPbest loan deal focus on new truth Post-Divorceno late fee car loannot gender specific don't buy wantsHDHP'sbuy homefinancial goal phraseHDHP/HSAreduce withholdingopen enrollment review tax refund fraudreduce interest rateFree Debt EliminatorUrbana-Champaignhome related tax break bonus high deductible health care planCommencementMoney Markettoo expensive schoolPrime Rate Rise 2015age appropriate goalsstudent loan repayment planheartachecompare monthly expensesemergency fund savingsFinancial Educatorlow-cost index mutual fundHDHP's are good for youdon't extend mortgage 3 savings buckets pay more than minimumis it necessary?buying a carGraceadjust allocations be true to yourselfmobile appSuze is my biggest mentorRoth 401(k)New York Lifestaycationannual cost of living adjustmentFinal GoodbyeGoodbye401KCOLAalternative FICO scorepositiveverify wellness screening and programsgrandchild summer job IRA contributioncost of capitalization calculatorpurely financial standpointcut monthly cable billOverspendingdental savings plananticipated salarydream schoolyours, mine & oursworst financial mistakereferrals debt freeautomate student loan paymentsbetter loan dealsmax employer matched 401(k) contributionLoveescrowlearn good financial choicesnear historic lowsstay positiveloan big picture 740 credit scorefinancial aidfinancial independencemeet monthly low credit scoreignore 6 month grace period debit cardjuggle multiple financial goalsLifestyledeath benefit 20 to 25 times annual incomesavings pleasurecredit unionIRA contribution gifted moneysave women long term careStock Investmentsnew carno life insurance financially irresponsiblecommitPBS Specialcommunity collegestrained relationshipinterest capitalizationLong Term Care Insurance 2016 adjust estimated taxInterestwives should be involved in retirementhome loan credit score below 740 2015 record year car salesmarriage inequalityhigher monthly paymentfile taxes quicklyavoid burn outSatisfyingexercise reguarlyBankruptcyHSA tax savingsVeterinary Schoollowest cost fund optionpay 100% cashcontribute household expenses maintain standard of livingpay off debtvalentines dayForeclosureCory Bookerloan no longer than 36monthsbreakdown projected monthly housing costreplace permanent life insurance with termExhibitionhome budget after tax costone credit cardrising home pricesemployer offered life insuranceretirement2015 financial roadmapTeachultimate compounding giftSuze Ormanrefinancecredit reportraise your deductiblemarriage financial responsibilitystudent loan repayment estimator50 over 50!00% tuition paidInvest for savings growthprescription tierno waiting periodAdequate Auto and Home InsuranceMoneybuying car 2016don't blow tax refundSuze Orman Scholarshipwaive home inspection bidgrandparent IRA contribution kid borrow firstCD'spoint cost offset by savingsborrowing plan HDHP Long Term Care premiumsBankloved ones dependent on incomelong-term care can you afford it3 bucket approachUniversity of Illinois401(k) ContributionsconfidentMust Have Documentsloan necessitytraditional vs roth 401(k)paid vacationallowanceEmergency Savingsface your financial fear6 month waiting periodbest interest of investorCiti Simplicity Card 20 year level term life insurance name trust as beneficiaryno tax on withdrawlsLTCwrite new goalsame-sex marriageschool would you decline a bonusstandard ratezero rate transfer dealsautomatic paymentdear suzegift not loanpercentage men widowed 75-84gift grandchild IRA contributionlong term goalFinancial40% toward financial goal8 month emergency fundcompare provider pricingWall Streettitle insurancesocial workback door Roth IRAproperty taxis it necessarySuze Orman spouse Kathy Travispay down car loandon't derail retirement savingsschedule vacationDurable Power of Attorney for Health CareSelfishcollege studentco-sign Gay Couplesfinancial concernplanlive below your meansdon't defer interest paymentsFinancial AdvicepowerfulFederal ReservePhyllis Shelton expert long-term carefinancial fearscommunity bankmoney vowsfamily save at least $100 monthlyFinancial Solutions For Youlower overall drug cost4 Must Have Documents workaholicdon't use allowance as bribeForbesis it true? increase retirement savingsLegal Guardianpercentage of women widowed 75-8419 years cash flow problemis it kind?2016 adjust withholdingUS Tax Codeapproved medical 100% tax-freegraduationwomen live longerdental insurance special saving accountpeace of mindMotherbuy down secure creditprotect and provide for minor child insurancebetter termsprofessional advisorForbes Top 10depreciating asset student loan repaymentoverspend on giftsdoctor no longer in networkEmployer Matched ContributionFRAclosing costs 2% of loanroth iraAARP Social security calculatorvalue moneyno retirement funds for down paymentStudent DebtFixed Rate MortgageFinancial Awarenesshome ownershippreexisting condition not coveredfraudulent returnCPI-WSuze changed my lifeno sneaking in feesFiscal Responsibilitylow down paymentthree year car loanSuze Orman's Money Wars3% debt transferred protect dependent higher insurance deductibleNewtownburn outFinancial SystemUniversity of FloridaInfluentialsdeath benefit needs for familycredit utilization ratereal estate marketknow before you owechildren's bookat worst still pay 75% benefithealthy teethHigh Credit Scorepublic service career student loan repayment only offered while employed earn more on savingsresponsible with moneysocial securityraising mortgage rates Federal PLUS loanderailed planMoney-Savinglife insuranceeliminate credit card debtcalculate dependents annual income needssave moneypremiumbill paying prioritiesnot enough life insurancealways use all paid time offclosing fees30 year mortgage no interestconsider roth 401(k)push yourself to save more for retirementbecome member Pay Off Debt Before Retirementhealthy retirement weightno private loantelevision hostno apologyVital DocumentsFHA loan feesdoctors in networkno negativityletter to suzehome buying mistakeslet them have 50% controlStudent Debt Crisiseight month living expense get credit card20% down paymentrequired disclosurerequire chore in exchange for allowanceYoung Adult Mortgage Credit Availability Indexsame sex marriage band end Floridafinancial argumentsunexpected expensebe good examplemental healthback-to-school budgetshorter payback periodadd teendangerous retirement planteach importance of helping othersLong Term Care shoppingAmy Lacyetdon't do five year car loanAuto Savings manage student loanslousy investmentaccelerate dental workincentives for health care wellness screeningcomparison shoppingget over life insurance phobiapay credit debt ASAPsavings3 step financial road mapmax benefit coveredswitch to spouse coveragepay down student loan debtpay high rate off firstpaid in fullget the most out of social security 20% down payment avoid feesmax employee matchmake saving a pleasureinitial tax break Student Loanchildren under 18gift up to 14,000holiday spendingcut monthly cellular billadult childrenbe kind to yourselfsmall changes raise deductiblesFICO at least 720term life insurancecnbc alarm clockteach your child good money habitsemployer funding HSAsidelineddon't cover cosmetic dentistrymortgage disclosuretake actiondo you need life insurancefederal student loan deferment buy home you can affordunsubsidized Stafford loanWarner Bros Television Grouplong term careconfident of solutionpermanent life insuranceAmericans don't use all paid vacation timenegotiate points with bank or sellerhealthy youreal estate mistakesbig results Giftrepay student loansitemized deduction10% donate to charityuniversal college accessadvice for college graduatesrefundSwap Older Annuities or Life Insurance interest on student loansmortgage interest tax deductionspring summer retirement accountsCivil Rightsleave a legacyGiftspaying for collegelower interest rateLTC shoppingritual scheduleCredit Card Rate IncreaseBaby Boomersborrow each year, capitalization is going to pile up New american Dream suitable10 year repayment plan Ashley SpringerWillkids schedule paymentshighest possible benefitverify retirement plan with HR or plan sponsorRevocable TrustCombo Insurance ProductsMarlo Thomas15-year refinance dealsecured cardcharges on credit cardemotional stakesFinancial Power of AttorneyARMHoliday SeasonPersonal FinanceCommunication Skills standard deduction home insurancehealthy gumsHoliday ShoppingRichARM CautionDeath Benefitretirement planshort term goal Eric Dodge 20 to 25 times annual incomedon't spend

View Blog & News List
People First. Then Money. Then Things.
Connect with me on Facebook Connect with me on YouTube Connect with me on Twitter
© 2017 Suze Orman Media Inc. All rights reserved.
 |  Search  |  Sitemap  |  Privacy  |  Terms
Sign Up For E-mail Offers
Open Panel
Close Panel