Teens, money and mistakes

This week we’re on to number three!

The number three mistake we as parents are making: Not holding our kids accountable. If your child does something against the household rules, typically there are consequences. Pull on the dog’s tail and you may get bitten. This is how our kids learn right from wrong, good from bad, etc. When it comes to spending money or using credit cards, oftentimes parents come to the rescue. Bailing our kids out of a financial mess, without having them pay the consequences, isn’t holding them accountable. As a parent of a teen myself, I understand how difficult it is to watch our kids ‘fall’, but fall they must, in order to pick themselves back up. Stop rescuing and instead, use the word ‘NO’ more often. Easier said then done, I get that, but start today and they reap the benefits tomorrow.