TEEN TALK: 2 Ways To Talk Finance With Your Teen

Talk Finance With Your Teen

As parents, it’s our job to make sure our kids put the best foot forward. Whether that’s in health, academically, or even financially. Now to some parents, this means only saving up for your children, but for others, this means teaching your children to be financially savvy, as well. Here at Hacker Accounting, we want you, and your children, to be as financially prepared as possible, and this can be done in 2 main ways:

Talk to your teen about saving

You are never too young to start saving! The younger you start, the more you will save, and that could make a huge difference down the line. It is also a good habit to get in, in general, sooner than later.

Talk to your teen about the future

Where do they see themselves going to college? Where do they see themselves in 3o years, and what financial moves do they need to make to ensure they’re doing that? Make sure your teen knows all that factors into “adult” things like loans, mortgages, and taxes, too.

For all additional tips for helping your teen with their finances and planning for their futures, give us a call at (602) 375-5251 to speak with one of our pros!

Chris Hacker
Chris has been working in the bookkeeping and accounting field for over 15 years preparing business, income and payroll taxes. Chris has a bachelor’s degree from Arizona State and is an Enrolled Agent with the Internal Revenue Service.