We love our teens and young adults in our families. We care about their future. In fact in economic times such as they are, we especially care about their financial future.
This scenario may sound familiar to many of you with teens, and young adults, in your family that are learning to drive. The big day for the driving test looms in the not too distant future and your teen states:
“My instructor says I only need a few more lessons before the test and I will pass, Mum.”
Another $365 vacuumed from your bank account and you think you are done with disposing of your hard-earned cash for the evening. That is until your teen produces a receipt for $5.36 for Uncle Joe’s birthday card, he/she bought for you on the way home. Presenting it with “MUM” neatly written on the top. For your information, that’s in case you forget to pay up.