For parents, guardians, or even educators, these milestones create opportunities to talk openly and honestly about money. Your discussions of topics such as car insurance, saving money, or student loans can help launch broader conversations about money. If you’re not used to or comfortable talking about money, that’s OK. To give everyone a place to begin—no matter your financial situation or educational background—The Balance created this collection of resources focused on four key teenage money moments: bringing home their first paycheck, beginning to drive, getting ready for college, and starting to build credit. Each section includes conversation tips, key topics to cover with your teen, and financial product recommendations. We also spoke with education experts from nonprofit organizations such as Jump$tart Coalition and the American Public Education Foundation to get their thoughts on teaching teens about money. Plus, two young adults who are using social media to help teens confidently embrace personal finance shared their thoughts on how to make financial topics compelling and accessible for younger generations. To start using these resources, check out the next article in this series, or visit our “Teaching Kids & Teens About Money” content hub to zero in on a specific topic as the teens in your life approach a new milestone. With these tools, your conversations, and the power of social media, your teen will be well-equipped to manage money with confidence.
