There will come a time that you will not be there to help your teens decide about financial matters. Therefore it is a good idea to teach your kids about being responsible with their cash use. Here are two guidelines that you might like to follow to ensure that your kids understand the valie of saving for the future.
Give your teens a monthly or weekly allowance. He/she should be able to make both ends meet.It would also be best if he/she is able to save some extra cash from his/her allowance.
Encourage your teenager to open a bank
account. This will instill in them the value of saving. Besides, they will realize that they have to keep their spending to a minimum since they have a financial responsibility, which is maintaining their bank accounts.
Income support is for people who have low income and cannot afford to sustain the daily household costs. Claimants should be 18 to 60 years old to apply for the Income Support. But, if you're only 16 or 17 years of age, determine first if you can apply f
Tracked: Jul 07, 08:19