The right help.
The right environment
Russell Hyken Russell Hyken, Ph.D.
Ed.S, M.A., LPC, NCC
Educational Diagnostician
Educational / Therapeutic-
Placement Specialist
314-691-7640
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Posts Tagged ‘ Teen Finances ’

Allowance or Obligation?

Friday, June 17th, 2011

Most parents give their teens an allowance for spending money. However, it is important to think through how much, when and for what. Dr. Hyken addresses these issues on KTVI-TV Fox 2 in St. Louis MO.

Teen Finances

Monday, April 26th, 2010

My teenager constantly asks us to buy expensive things for him and says he will pay us back. The problem is he rarely does. How should we react to his requests?

Does your son understand interest rates, know that ATMs charge fees, or have the skill to balance a check book? Did you know that almost 1/3 of all teens have some form of debt (Schwab, 2007 Survey)? Teens are intelligent, but they still need mom and dad to help guide them toward fiscal responsibility.

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