How Parents Can Adapt to Their Teens’ New Money Reality | Rob Carrick

The financial world our teens are entering looks nothing like the one we grew up in.From one-click buying and buy-now-pay-later to housing anxiety and constant social comparison, today’s kids face money pressures we never had.In this episode, Christi Rae is joined by Rob Carrick, longtime personal finance columnist at The Globe and Mail and co-host of The Stress Test podcast, to unpack what’s changed—and what still matters. Drawing on more than 30 years of financial journalism (and parenting), Rob explains why old money rules don’t always apply, how friction-free spending is reshaping behaviour, and why parents shouldn’t feel guilty for helping their kids financially in today’s economy.Together, they explore:Why one-click buying and buy-now-pay-later make budgeting harder for teensHow parents can talk honestly about money mistakes without shameWhat saving should look like for teens (and what it shouldn’t)Rethinking home ownership, renting, and “success” in Canada todaySimple questions that open meaningful money conversations at homeThis episode is for parents who want to raise financially confident teens—without fear, guilt, or outdated advice.Show Links:Website: https://robcarrick.ca/Substack:https://robcarrickpf.substack.com/StressTest Podcast: Stress TestFacebook: https://www.facebook.com/profile.php?id=100000463112714Chapters List:00:47 Biggest Shift03:49 Parental Guilt05:19 Helping Out Financially07:03 Keeping Kid's Grit09:21 Modern Update to 10% Rule12:47 Habit of Saving12:58 Moneys Skills that Matter14:11 Housing Alternatives16:43 Simplest First Step18:23 High Risk Investing19:36 One Question to Ask Tonight20:56 Takeaways