Teaching Teens to Balance a Checkbook
One of the most important things you can teach your children about managing money is to balance their checkbook. It is a common misconception that you can simply find out your balance by calling the bank and finding out how much is in your account. They can tell you that, but items may not have cleared, and so you do not have a clear picture of what money you actually have available to you. You can teach your children to balance their account in five easy steps. 1) First you need to teach them to write don or track all … Continue reading