Top 5 Things to Teach your Teenagers about Money

No. 2: Talk to them about taxes

Tax FormPublic Domain Image: Public Domain

It is truly perplexing how many adults still have issues filling in their taxes. Make sure your teenager doesn’t become one of them by taking the time to amply explain them the process. Show them how you do your own taxes and encourage them to step in and help you. You can even give them a draft and let them do it completely on their own to see how they manage and how much they have understood.