From The Globe and Mail
A parent wrote to me recently with a problem. Her 16-year-old son is a big spender, and his parents have been footing the bill. Now, they want him to get a job to pay for some of his expenses. His friends, however, seem to have wealthy parents who don’t make such demands. He regularly brings this up, makes comparisons and gives them grief.
“We want him to learn the value of money, not just throw it at him,” she wrote.
Nurturing fiscal responsibility isn’t an easy task. Most teens aren’t on the same page as us.