Teaching kids of any age is an ongoing process; often a concept is introduced with a simple conversation, and over time kids develop a deeper understanding through teachable moments, practice and experience. Your teen (and you!) may have a couple "Aha!" moments along the way, where an idea finally makes sense. The more you talk about financially responsibility, modeling good behavior and not being afraid to point out both your successes and failures (e.g., "I have always paid off my card in full each month, but I wish I thought twice about this purchase…") the better the opportunity your child will have to become a financially aware and responsible adult. For more information on teaching children financial literacy, be sure to read the other parts of this series, Teaching Financial Literacy To Kids and Teaching Financial Literacy To Tweens.

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