Step 6: Developing a Plan
No matter what the age, status, or situation, people are capable of taking charge of their finances. Whether they are 16 or 60; just starting out with their first job or climbing the corporate ladder, they can do it. Consumers, young or old, just need to learn the basics and take the right steps toward financial health.
Money–or lack thereof–should not create stress in your child’s life. You should learn to make achieving financial health through financial planning as informative, easy, and as fun as possible for your child, giving him the tools and education he needs to make it happen.