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6 Ways To Teach Your Teen To Be A Saver

6 Ways To Teach Your TeenPrepared by U.S. News and World Report.

Use these methods to get your child saving now as well as in the future.

With 65 percent of Americans lacking substantial savings and 29 percent of Americans having nothing at all saved, it’s clear that we need to be doing better financially, not only to increase our own savings rate but to teach our kids to not follow in the majority’s footsteps of putting saving money on the back burner.

Today’s teens are only five or fewer years away from becoming independent adults, whether that means getting a job or heading off to college. We’ll be doing our teens a big favor if we start teaching them to be savers now, as opposed to letting them flounder and figure out the tough lessons of the importance of savings on their own.

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Categories: College, Millennials, Savings

AS SEEN IN

As Seen In
Marty Higgins Women's Choice Award

MEET MARTY HIGGINS

Martin V. Higgins CFP, ChFC, CLU, AEP, LUTCF, RHU is a Certified Financial Planner, author and retirement income specialist who helps people prepare financially for retirement by designing written retirement income plans for people who may need to last 30+ years.

He is the CEO of Family Wealth Management and creator of “The WealthCare Process” designed to simplify and coordinate the financial affairs of his clientele of pre-retirees, retirees, widows and small business owners. He’s won the Women’s Choice Award for Financial Advisors and Firms.

His latest book “DistributionLand”, published in October 2014, immediately became an Amazon Best Seller and is a must read for anyone preparing for retirement.

 

The Women’s Choice Award Financial Advisor program was created by WomenCertified Inc., the Voice of Women, in an effort to help women make smart financial choices. The program is based on 17 objective criteria associated with providing quality service to women clients such as credentials, experience, and a favorable regulatory history, among other factors. Financial advisors do not pay a fee to be considered or placed on the final list of Women’s Choice Award® Financial Advisors, though they may have paid a basic program fee to cover the cost of a client survey through Advisor Impact. The inclusion of a financial advisor within the Women’s Choice Award Financial Advisor network should not be construed as an endorsement of the financial advisor by WomenCertified or its partners and affiliates and is no guarantee as to future investment success. This portion is updated periodically. Please access updated content here: http://www.womenschoiceaward.com/financial-advisor-information.

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