As children age into teens, they become more independent and more capable to learn about basic financial concepts. Many teens work in some capacity, whether that be after school, during the summers, or even doing a larger share of the chores around the house. As they start to earn more income, the teenage years are a wonderful opportunity to teach teens about consistent savings to establish an emergency fund, using a portion of their income to establish long-term savings (like a Roth IRA!) and how taxes impact a paycheck. Teens are old enough to comprehend the foundation of future value for long-term investing, and they’re also at an appropriate age to start learning about credit. Teens who establish the habit of consistently saving and giving are highly likely to continue that into their adult years.