According to recent statistics, 73% of American teens said they’d like to know more about personal finances..1 And while many said they get money tips through a variety of sources – parents, school, social media – 75% didn’t feel confident about that knowledge. As a parent, you may feel the same way at times, trying to manage your money during the pandemic, now inflation. But helping your kids become savers is one of the best gifts you can give them. It’s the foundation of building lasting financial well-being.
teens
Your Teen’s Not Too Young For a Roth IRA
It’s an exciting time: Your young adult’s 18th birthday is just around the corner and they’re probably questioning what to do next, after this important milestone occurs.
Cars To Keep Your Teen Driver Safe
If you’re considering buying a car for a young driver, or helping them buy one, it can be a tall order. It’s important to find one that’s budget-friendly, affordable to insure, and most importantly — safe.
According to the Institute for Highway Safety, teenagers have crash rates of almost four times more for each mile driven, than drivers who are 20 years and older. Continue reading
Finding the Right Car for Your Teen
When buying a car for your young driver, it’s important to find one that’s budget-friendly, affordable to insure, and most importantly—safe. But according to two studies conducted by the Information Institute for Highway Safety (IIHS), teenagers are more likely to drive the least safe vehicles on the road, such as sports cars, subcompacts, or mini-cars.