From Allowance to Employment: Building Financial Literacy in Children

In this episode, we delve into the changing landscape of teen employment, noting a significant decline in the percentage of teens working since the late 1970s. Recent statistics reveal a slight recovery post pandemic, with around 38% of teens aged 16 to 19 actively seeking jobs as of May 2024. Surveys indicate that part-time work is beneficial for youth, helping them understand budgeting and financial responsibility. Join us as we discuss these themes and share insights on how to support children in their financial journeys.