Teaching Teens the Value of Money

By: Rachel Paxton

It isn't easy raising teens in today's materialistic society. The older they get, the more expensive the things they want or think they need. If they don't learn how to manage their money at a young age, they won't be able to make it in the real world.

We've tried to teach our teenage daughter from a young age that money and the things that money can buy can't bring you happiness, but that is no easy task. Especially when her parents aren't perfect role models.

We have picked up some tips along the way, however, that have given our daughter a better appreciation for money and how to manage her own spending habits.