The recession of 2008 to 2010 made many of us very aware of the importance of financial responsibility, and the tween years are the perfect time to get your child on the right track. Let your child earn money by doing extra work around the house; this will teach him the pride of earning his own money. Include your tween in discussions about purchasing things he'll use, so that he can learn by your example about choosing how to spend money. For instance, if we get the new gaming system, we'll have to wait to get the DVR. Begin teaching your child to save, either using a piggy bank or by opening a savings account. This will put your tween on good footing for a financially secure adulthood.
Your tween is focused on fun, but even fun stuff like an iTouch or Nintendo DS needs to be regulated. Click over to the next page to learn how.