Things you need
- Your child's pocket money or savings
- Possessions they'd like to donate
- Their spare time.
Ask your teen to pick a cause they're passionate about and have them work out a plan so they can offer some support in a way that suits them and your family.
Learning about money includes learning the value of your time and sharing belongings.
One of the ways that we can help teens understand the value of money is through supporting a charity of their choice. They can do this by volunteering with you at charity events, and they can also support their charity by earning money to make a donation or fundraising.
The ability to budget is a skill every person needs. It helps us in our everyday life and in almost any career. Whether you're a painter, a plumber, a hairdresser, or a lawyer, being able to organise your money is a key skill for success.