FACTS ABOUT TEENS & MONEY FROM VOCALPOINT On raising a teen who spends less
On Teaching better spending habits Braun Research conducted 500 interviews with parents as well as their 13- to 18-year-olds throughout the U.S. These were the results. • Over 80% of parents said they wanted to be better role models for their teens regarding money management.
• That same group said they have made money mistakes they would want their teens to avoid.
• 53% of parents reported that their teen asks them for money at least once a week.
• However, 35% of teen respondents said that when they did ask for money, their parents rarely or never used these occasions to discuss topics such as budgeting and planning for the future.
• 29% of parents of teens surveyed said they argue with their teen about money at least every month.
• 53% of teen respondents said they want to learn more about topics like budgeting, saving and credit.
• Over half of teens reported that their parents are their primary resource for learning about money management. Source: http://www.banktech.com/business-intelligence/224400671 The BillMyParents Spend Smart Card can help parents take a more active role in helping their teens develop better spending habits with these features:
• Parents can build trust by giving their teen some financial freedom
• Instant text alerts with each use so parents can keep tabs when it counts
• After a purchase, teens get a text showing their remaining balance to help them budget better
• Safe and secure to use—even online—and can be locked or unlocked at any time
• Funds can be loaded with a single click (even by parent-approved family and friends)
• As a bonus, your readers can try it with no membership fees for 6 months at vocalpoint.com/BMPFreeBlogHere is an article (link below) that highlights 10 things a money-savvy teen should know. They are: 1. How to balance a checkbook 2. Budgeting money 3. Figuring future student loan payments 4. How to establish good credit down the road 5. Identifying wants vs. needs 6. Dealing with debt 7. Paying taxes 8. How to consider all the costs associated with a purchase 9. Saving for the future 10. Stretching a dollar Article: http://www.bankrate.com/finance/college-finance/10-tips-to-raising-money-savvy-teens-and-college-age-kids-1.aspx
Friday, August 5, 2011
The Bzz on Dr.Scholl's for Her
I received a free sample of Dr. Scholl's her Her High Heal inserts. That's is one of the many perks of being a Bzz Agent. Since I love to wear heals - dessed out or dressed down - these inserts are fantastic. They fit in all of my shoes and are very affordable. The whole point of wearing high heals is to strut your stuff. Well there is nothing sexy about gimping about becasue your feet hurt so bad. So, if you wear heals 90% of the time they are worth every penny.
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