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

Rolling Meadows Cadillac Escalade rental .. Lockport Chicago limo O’Hare

In The News:

These 35 Chrome extensions have privacy and security concerns. Tech expert Kurt “CyberGuy" Knutsson says to delete them now.

Tech expert Kurt “CyberGuy" Knutsson says 329,000 mph fusion rocket promises to be fast, disruptive and enable deep-space missions.

Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.

Tech expert Kurt “CyberGuy" Knutsson says a new autonomous AI is a game changer that also raises privacy risks. Is your data safe?

Tech expert Kurt “CyberGuy" Knutsson says robots and drones are revolutionizing fruit farming with faster picking and smarter handling.

Landmark Admin revises May 2024 cyberattack scope to show twice as many people were affected. Kurt “CyberGuy" Knutsson gives tips to help stay safe from an insurance data breach.

Tech expert Kurt “CyberGuy" Knutsson talks about how Yamaha’s hydrogen outboard motor could revolutionize boating with zero emissions.

Tech expert Kurt “CyberGuy" Knutsson reveals how to memorialize or remove a deceased loved one’s Facebook account and protect their digital legacy from misuse or scams.

Tech expert Kurt “CyberGuy" Knutsson says an Apple Watch saved psychiatrist Amanda Faulkner by detecting deadly leukemia early.

Scammers and fraudsters are increasingly targeting the most vulnerable, especially nursing homes and the personal data of their residents. Kurt the CyberGuy has safety tips.

Infected USB flash drives can spread malware among multiple organizations in ways that can easily bypass traditional security systems.

With a fully automated warehouse system and AI-powered robots, Ocado's Hive picks, packs and delivers grocery store orders in just a few minutes.

Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.

Recycling robots are using artificial intelligence to learn how to sort recyclables by recognizing patterns in colors, textures, shapes and logos.

The Reachy 2 robot is designed to be friendly and approachable, inviting natural interaction and is perfect for research, education and experimenting with embodied AI.

Kurt "CyberGuy" Knutsson shares several easy ways to keep your credit cards safe from digital thieves while you're traveling this summer.

Arcturus sets up cameras around the edges of baseball stadiums to capture real-time action and generate a 3D digital clone of the game.

Stay up to date on the latest AI technology advancements and learn about the challenges and opportunities AI presents now and for the future.

The CyberGuy explains why healthcare organizations are vulnerable to hackers after there have been a half dozen data breaches this year.

Developed at two California universities, the innovative technology combines brain-computer interfaces with advanced AI to decode neural activity into audible speech.

Microsoft patches 12 critical flaws, but six have already been exploited by criminals. Kurt “CyberGuy" Knutsson says updating your system is only a short-term fix.

Tech expert Kurt “CyberGuy" Knutsson discusses how robots can milk, feed and clean cows on dairy farms, boosting efficiency and comfort.

Tech expert Kurt “CyberGuy" Knutsson says quantum internet ensures unhackable security and redefines online privacy and speed.

Kawasaki's CORLEO is a hydrogen-powered, AI-driven rideable robot. Tech expert Kurt “CyberGuy" Knutsson reports on this new way of thinking about off-road transportation.

The CyberGuy breaks down five mobile privacy terms that could make a difference when it comes to keeping your personal information safe.