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Tweens and Teens
Reply to "Entitled, jaded ds"
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[quote=Anonymous]Set boundaries. Say something like, “I am not taking financial advice from a teenager,” and walk away without discussing further. Don’t debate. If your child is asking for things, you can set boundaries there too: “We have budgeted x dollars for your [athletic clothing/entertainment/computer]. If you want the top-of-the-line item, that’s fine, but it won’t cause us to shift our budget. You can forgo other things or make up the shortfall from your own savings. Something useful my parents did when I was a teen was to put my allowance for all personal expenses (clothes, haircuts, school supplies) into a joint account with an ATM card. If I wanted more money, I could get a job. And I had to learn how to budget so that I could go to a movie or get prom tickets when I wanted them.[/quote]
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