Tuesday, August 14, 2007

Chores and Allowances

One of the hardest things parents will face is trying to teach their child or teenager about spending and saving money wisely. Especially when most adults have not mastered this. This is by no means an easy task, but one man is taking a step forward and working towards educating parents and teens about the dire importance of managing and budgeting their money and teen investing. He is the CEO of Pay Jr., a credit card system to help parents teach their children how to use money wisely with a safety net and no outrageous "mistake" fees, as I call them. He is authoring a blog to share his information about today's youth and their money, pulling from the wealth of resources he is finding while working the Pay Jr. program. He wants to use his blog as an outlet to share his wealth of knowledge with parents and teens as well. Use this handy resource to keep yourself up to date and well informed. And if you get a chance, check out his Pay Jr. Card system. I think it is a wonderful idea for any parent of teens.

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