There are two common phrases all teens utter on a seemingly daily basis: “I’m bored!” and “Can I have some money?” And these phrases are repeated even more frequently during the summer months, when students have many long weeks to revel in their freedom. However, there’s a solution that will not only eliminate these two phrases from your teen’s vocabulary, but will also teach valuable lessons in responsibility and money management:

Help your teen start a business

As well all know, starting a business is hard work. It takes dedication and patience to get a business going, and sometimes these are traits teens seem to lack. But in many cases, teens already possess these traits and are just waiting to surprise their parents with them. Here are some examples of businesses your teen can start. [Read more…]