Setting Teens Up for Financial Success as an Adult

Setting Teens Up for Financial Success as an Adult

  Parents want the best for their kids. Because of that, it’s a balancing act of helping them and helping them help themselves. That applies to finances too.   In this episode, I talk to Bobbi Rebell about how to set your teens and young adults up for financial success. Bobbi is a CFP® and the author of Launching Financial Grownups: Live Your Richest Life by Helping Your (Almost) Adult Kids Become Everyday Money Smart. She is a financial literacy advocate, the host of the Money Tips for Financial Grownups podcast, and the founder of GrownupGear.com. Bobbi was previously a global business news anchor and personal finance columnist at Reuters and held various journalist positions at top news outlets, including CNBC, CNN, and PBS.   Bobbi shares what you can do now to help your kids be financially successful on their own. From budgeting and saving to understanding their first 401k, and homeownership Bobbi gives some practical steps on how to go about it.  

Thank You!

Support for the Military Money Show is provided by Navy Federal Credit Union. Navy Federal, makes it easy to buy a car with their loan process. You can apply on their app, online or if you prefer, you can apply by phone. You’ll get a decision in seconds. Another perk Navy Federal’s Car Buying Service is powered by TrueCar where you can shop, compare, and get upfront pricing on your next new or used car. I checked it out, and it’s very user-friendly. You can find out more at navyfederal.org.  

Financial Success as an Adult Episode Details

  • Common mistakes and bad habits to avoid
  • Finding balance in your approach
  • Creating a healthy family ecosystem
  • Protecting your own retirement
  • Getting started with talking money with your kids
  • Tools to start conversations
  • Be aware of your own actions
Related: 2 Step Guide to Loaning Family Money  

Setting Teens Up for Financial Success Resources

More Podcast: Money 101 for College-Bound Students   

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  Disclosure These notes may contain links to our affiliate products or services, which means I might get compensation when you click or buy. That said, I’m only going to put affiliate links that are in line with our podcast discussion.   If you want to “kickstart” your finances in the military, you can get access to my free Financial Kickstart Kit here.
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