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Parents would love to see their children grow up with more financial knowledge than they did. Teenagers cannot wait to move out and be on their own. With the growing popularity of Instagram and other Social Medias, young adults think it is normal that a 20-year old drives a Lamborghini. My youngest child thinks he will be able to move out on his own with a part-time job. Teenagers need to face reality about what the real cost of living is, and that life does not resemble what they see on social media.
Wealth 101 for Teenagers is separated into 4 parts: Budgeting, Inflation, Interest and Investments. The basic knowledge to help create healthy spending-saving habits. A teenager that grasps these basic concepts will be able to become a financially succesfull adult.