Want to teach your teen good money habits? Give them good decision making skills.

Parents of teens!


I have had some requests from parents with teens for ideas on how to talk to them and teach them good money habits. I am going to draw on my personal experience with my teen and recommend this book: The 7 habits of Highly Effective Teens .


Is it directly related to money? No.


So why am I recommending it? Making good choices with money starts with learning to make good and intentional choices. To do this we must know ourselves and form good habits for decision making in all aspects of our lives. This is especially difficult for teens. I have been reading a book called: The Teenage Brain: A Neuroscientist’s Survival Guide to Raising Adolescents and Young Adults. You can find it here if you would like to check it out for yourself. This mom is a neuroscientist and she talks about how teenage years are so hard for decision making because their brains are still forming until the age of about 25 or so when they are now thought to reach maturity. This does not excuse behavior, but it does help us understand that we need to continue to guide them through logical decision making during this time of brain plasticity, hormones, and growth.

more than once.....they need 2 things on the menu so it would be easy, and one of the choices something I don't like

So how can this book help develop healthy decision making habits? Here are the 7 habits he addresses:

  • Be Proactive. Being proactive is the key to unlocking the other habits. …
  • Begin With the End in Mind. …
  • Put First Things First. …
  • Think Win-Win. …
  • Seek First to Understand, Then to be Understood. …
  • Synergize. …
  • Sharpen the Saw

I had my teen read this recently. Did she do it willingly? No. Did she enjoy the book? No. So why did I suffer through “encouraging” her to read it? During this vital time when teens are forming who they are, I hoped that by reading this book some of the info would seep in and stick so when situations arise she has the tools to make the best choices.

She finished the book this weekend and we’ve already been able to utilize the concepts. My teen loves to debate. She will argue her point on just about anything, large or small. She has been pushing me to get her a dog lately and she has been trying hard to come up with valid arguments for this decision. I decided to draw out a habit from this book mid-negotiations, “Seek first to understand, then to be understood” and help her see how to use this when trying to negotiate and discuss your point of view. Watching her think through how she felt I would benefit from a dog and addressing what she perceived were my concerns was amusing, but she did understand the concept and hopefully it will help when communicating with others in the future or when thinking through pros/cons for decisions.

Parenting With Love And Logic under Parenting Classes Miami Dade where Parenting... - #Classes #Dade #Logic #love #Miami #parenting

While she was reading this I found a teen on Youtube who read the book and does little videos on each of the 7 habits to help other teens relate. I’ve attached her video where she summarizes the book. Hope this helps some way in your current or future teen parenting journey to encouraging positive choices for both life and money. Happy reading 🙂

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