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Teaching teens how to balance a checkbook

by SunshinePrevails

Created on: July 30, 2008

So your child is now a teenager. Self-esteem and peer pressure is about to reach an all time high; and brother do I mean an all-time-high.

It is imperative that any teenager cultivates extremely high self-esteem in today's society if they are going to survive. Sadly, some parent believe that there is nothing they can do to help improve their child's self-esteem. . . But they are wrong. They can help.

A parent should always offer reassurance to their youngsters; even when they are disappointed with the child's actions. First and foremost; explain to the child the disapproval of their action, if they truly do disapprove. Always, always complete your disapproval. . . with an affectionate hug. Be upfront with kids, tell them that you did stupid things when you were their age. Let them know that they are not alone in this dog-eat-dog world. This is all new to them, and they think that we' (the parents) are perfect. They do not realize until many, many years later that they are walking in our footsteps. They think we were born .s..oles'; just as we remember, we thought the same of our parents. Now didn't you?

One of the best ways to help a child gain and attain self-esteem is to give them their very own checkbook.

Boy can't you just imagine the pride when they can walk up to the counter in the witness of their peers; then whip out the old checkbook, and begin to write.

Bingo, parents, you just hit the jackpot; not only with your kid, but all of the adolescent hierarchy bystanders. Eyes pop and your kid can flaunt his prominence. Albeit; you and your kid know the real truth.

Now this is my suggestion. You can build your child's stature in society while helping to gain a head start on maturity, and responsibility.

Take your child with you when you go to your bank. Have your child added to your checking account. Do this following considerable preparations of course.

Now, tell the bank officer that you want your child to have his very own check book. A check book with your child's name, address, and telephone number.

It is VERY IMPORTANT to Never have personal information such as: Driver license number, social security number, age, or any pertinent information that could be used to fraudulently attain personal knowledge of the check book owner's personal business; now, or in the future. More importantly; be sure that your child understands the importance of this decision. Stress the need to keep this sort of information 100% private and secure.

Parents. . . This is your moment

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