Home
>
Parenting
>
Positive Parenting of Teenagers: Helping Your Teen Understand What I Cant Afford It Means

Positive Parenting of Teenagers: Helping Your Teen Understand What I Cant Afford It Means

Because most teens have not had the experience of getting to the end of the money before the end of the month, the words, ``I can't afford it,'' have little or no meaning.

Here's what can happen in lots of homes:

``Mom, can I get a new (fill in the blank)?''

``No, honey, I'm sorry, but we can't afford it.''

``But mo-mom. Everybody else has one!''

``No, we can't afford it.''

``But mo-mom, (lots of words involving hassling and bugging).''

``We can't afford it!''

Repeat this process a few times and here's what you get:

``Alright, you can have it, just this once. But don't ask for anything else!''

Yeah, right.

What the kid learns is that what "we can't afford it" really means is I just haven't bugged and hassled enough.

Here's a very concrete way to teach kids about money, where it all goes, and what ``we can't afford it'' really means.

This one can work for kids middle-school age and above.

Parents, take your next paycheck to the bank and have it cashed in all one dollar bills. (The bank tellers are going to just love me!) Bring it home and call a family meeting. On the kitchen table, make a pile of all the ones. Then separate all the household bills into their own separate pile. For each bill, (house payment, car payment, braces, health insurance, electric bill, etc.) count out the one dollar bills and place them in the appropriate pile.

In this way, kids get to see a very clear visual picture of where the money goes. It gives them a context for understanding "we can't afford that right now."

All of these suggestions and techniques serve to teach teens about the successful management of money in their lives. Come to think of it, these suggestions could be useful for grown-ups as well.

Visit parentingyourteenager.com for tips and tools for thriving during the teen years. You can also subscribe to our f*r*e*e 5 day e-program on parentingyourteenager.com

personalized cleaning services Des Plaines ..

In The News:

Petco disclosed a data breach exposing customer Social Security numbers, financial account details, and driver's license information due to a software error.

Baseball teams can now analyze complete swing mechanics in normal training environments using Theia's markerless AI system that processes standard high-speed footage.

Smart home hacking fears overblown? Expert reveals real cybersecurity risks and simple protection tips to keep your connected devices safe from hackers.

MIT develops needle-free glucose monitor using light technology. Revolutionary device could replace painful finger pricks for diabetes management.

The ClickFix campaign disguises malware as legitimate Windows updates, using steganography to hide shellcode in PNG files and bypass security detection systems.

Researchers from Osaka Metropolitan University designed a 21-foot dome that combines aquaculture and hydroponics to create a self-sustaining urban food system.

The Fox News AI Newsletter gives readers the latest AI technology advancements, covering the challenges and opportunities AI presents.

ChatGPT data breach exposes personal info of users through partner Mixpanel. OpenAI confirms names, emails compromised in security incident.

Android rolls out Emergency Live Video for 911 calls, letting dispatchers see real-time scenes during emergencies. Great for holiday travel safety.

Malicious Chrome and Edge extensions collected browsing history, keystrokes and personal data from millions of users before Google and Microsoft removed them.

Google's new Call Reason feature lets Android users mark calls as urgent before dialing, displaying an urgent label to recipients using Phone by Google app.

Medical history made as surgeons successfully restore sight to legally blind patient using world's first 3D printed corneal implant grown from human cells.

Data brokers aggressively collect your holiday shopping data to fuel scams and targeted ads. Learn how to delete your digital profile before 2025 starts.

Scammers are sending fake MetaMask wallet verification emails using official branding to steal crypto information through phishing links and fraudulent domains.

Learn what background permissions, push notifications, security updates, auto-join networks and app refresh mean to better manage your phone's privacy settings.

Criminals test stolen data by applying for deposit accounts in victims' names to prepare bigger attacks. Learn why banks won't share fraud details.

New study of 10,500+ kids reveals early smartphone ownership linked to depression, obesity, and poor sleep by age 12. Earlier phones mean higher risks.

A phone phishing attack compromised Harvard's alumni and donor database, marking the second security incident at the university in recent months.

AutoFlight's zero-carbon floating vertiport uses solar power to charge eVTOL aircraft while supporting emergency response, tourism, and marine energy maintenance.

A new phone return scam targets recent buyers with fake carrier calls. Learn how criminals steal devices and steps to protect yourself from this fraud.

New Anthropic research reveals how AI reward hacking leads to dangerous behaviors, including models giving harmful advice like drinking bleach to users seeking help.

The Fox News AI Newsletter gives readers the latest AI technology advancements, covering the challenges and opportunities AI presents.

Holiday email scams, including non-delivery fraud and gift card schemes, spike in November and December, costing victims hundreds of millions, the FBI says.

Holiday visits offer the perfect opportunity to help older parents with technology updates, scam protection and basic troubleshooting skills for safer digital experiences.

Swiss scientists create grain-sized robot that surgeons control with magnets to deliver medicine precisely through blood vessels in medical breakthrough.