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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I don't put this down to, "He's just being a teen".

I have teens - 15 and 18 yr olds.  Sure, they think they know more than us when it comes to social and cultural things of today, but not about general living, certainly not about money.

We talk to them about finances, taxes, investments, opportunity costs, etc...    They know they don't know it all.

Op's kid is ignorantly arrogant, and IMO, that is the worst kind.

I think OP needs to have a talk with their DS about respect and what they don't know.   How much it costs to live: taxes, rent, utilities, food, every time you go out how much you spend, how buying an expensive car comes with expensive repair costs, and how that car depreciates x% the minute you drive off the lot.

These are not things that kids inherently understand without it being explained to them.  A long time ago when we were on summer vacation in England, we would have ice cream almost everyday.  DS asked us how much they cost, so we told them.  Then he calculated how much we had spent on ice cream alone while in England.  He was floored. And he was like 10 at the time.  He's become quite frugal now at 18; he's been working since 16.

And yes, make them work a minimum wage job.[/quote]

The thing is: we DO have those conversations a lot! And he takes financial literacy at school which is all about living expenses, taxes...But it is not sinking in at all. He is frugal with his own money.[/quote]

Maybe then give him a clothing and entertainment budget for 6 months and let him
Spend as he wants, but make it very clear you aren’t spending on his clothes and entertainment during that 6 months[/quote]

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