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Growing up in a financially struggling home, for instance, a teen or young adult might develop behaviors related to overworking out of the fear of going broke. Money disorders may also come in the form of anxiety or extreme concern about the financial impact of recent events, which many of America’s teens are going through today. If you suspect that your teen has a money disorder, the first step to helping them is recognizing the signs.
Read NowThe GameStop saga shows the dangers of ‘casino capitalism’, writes Eddie Behringer, CEO of Copper Banking.
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It's a new year and the perfect time to start your child's financial journey. Copper's financial literacy experts have compiled our top tips for teaching kids about money heading into 2021.
When it comes to teaching kids positive financial habits, actions speak far louder than words. It's important to not only talk to your kids about financial topics but to see these topics enacted in your everyday life. Practice what you preach and don't let your kids catch you making these money mistakes.
Even during good times, the majority of parents don’t talk to their kids about money. So when trouble hits, that shield goes up to protect our kids from the financial stress the parents are experiencing. Kids are perceptive though and it's important to talk to them about finance during times of financial uncertainty.
I am only one voice within the GenZ powerhouse but here are some of the top items that I believe are crucial for kids to know about to help them leading into their financial futures.
Although financial literacy never came up in school, I am certain that at Copper: we will be the financial tech and literacy backbone for teens across the country and provide the resources needed for parents to help us in this cause.
We have spoken with some incredible financial experts in both the corporate world as well as academics and certified “money coaches” to ensure that we are delivering these concepts in the most robust, yet consumable way. From these conversations we have distilled a list of the top 5 financial concepts that we believe every teen should know. Check it out!
Teens are vastly underserved educationally but, equally as alarming, underserved by traditional banking and financial establishments. We aim to change this" - Eddie Behringer, CEO and Founder, Copper Banking
Your kids don’t want to struggle when they become independent, so your job is to prepare them for their upcoming future. Gen Zers want to learn, and here’s how we can help.
Your teen must have a strong understanding of needs versus wants - this is the cornerstone of all spending decisions and budgets. Here are some simple things you can do to help them grasp these important concepts.