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Teaching teens to manage money — with help from technology

Connie Prater

Parents can monitor their teens’ spending and teach them to keep track of their finances in a way that appeals to this millennial generation of mobile texters.

To find out how I use mobile alerts and text messaging to help my teenager learn about keeping track of the money in her debit card account, read my contribution to the National Foundation for Credit Counseling’s financial education blog.

The NFCC is a national association of accredited nonprofit credit counselors who help families dig their way out of debt by coaching them in budgeting and money and debt management skills.

Blog carnival
This blog was included in the weekly roundup of the best personal-finance related blogs published during the previous week. See it listed in the 256th edition of the Carnival of Personal Finance hosted by My Dollar Plan.

See related: Debit card rewards offerings grow more diverse, 10 places NOT to use your debit card

 

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  • Mai

    My daughter always get notices in the mail saying she is pre-approved for new credit cards. How does that happen when she’s only 17?