September 13, 2025
Beyond the Allowance: Preparing Your Teen for Financial Freedom
A recent report indicates only 22.7% of U.S. high school students receive financial literacy education, highlighting a need for parental guidance. As students approach graduation, whether heading to college or entering the workforce, financial independence is crucial. Experts recommend starting with the basics like banking, budgeting, and understanding credit scores, encouraging teens to establish their own bank accounts, and building credit through options like becoming an authorized user on a parent’s card or obtaining a student credit card. Hands-
