You could make:
Interest you could earn:
Your total savings could be:
As a parent of a teenager, there is so much to teach them before they leave your house for good. One of the more important lessons is how to handle money.
If you have been following our steps through the years, you and your teen should have a good amount saved up and an understanding of how budgeting works. The next stage is to introduce checking and investing accounts and learn about the benefits and pitfalls of credit. Click on the steps on the left to get started.
If you are just joining us, it’s never too late to start but since it’s never too early, visit Ages 0-5 to start the Early Earners Method and open a savings account or a 529 plan for college.
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