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Yet many parents can only wait a while before giving their child their first smartphone. And if you do, experts say it’s up to parents to put the right guardrails on the device, especially since most phones are designed to make spending easier and sometimes invisible. Turn a first cell phone into a money lesson […]
Concern is high, conversations low During the teenage and young adult years, children begin to earn money and develop their first financial habits. But many parents worry these habits won’t be enough: 53% say they worry about their children’s financial future, and 71% say stress is affecting their own well-being. Despite these concerns, many do […]
