As our kids get older, it’s easy to think that our support is no longer required. You couldn’t be further from the truth. In truth, your son or daughter needs you through their teen years like never before.
These are the years that could shape their entire future. Here are just four ways that you can provide the guidance and direction needed for them to unlock their full potential.
Fund their college education
College is an attractive prospect for an increasing number of teenagers. Getting into mountains of student debt is not.
Assuming your child doesn’t achieve a scholarship, paying their tuition fees could be crucial. Saving for your son or daughter’s college fees should start years in advance, especially as costs are only set to increase. This isn’t a handout, it’s an investment for their future.
College isn’t for everyone, and you should never force your child into a decision. Still, missing out on that opportunity due to money worries would be a disaster. Keeping that door open is advised.
Teach them the value of money
It might sound a little counteractive of the point above. However, even if you do pay for their education, there’s still a great opportunity to teach your child about the value of money.
Your son or daughter shouldn’t feel bad about having nice things, but they should be made to work for them. Meanwhile, seeking value for money is another key feature. Cheap car insurance via Money Expert can be very useful at this time, especially as premiums are sky high for youngsters.
Likewise, you shouldn’t feel forced into giving them everything they want. We don’t always get what we want in life. So why would you encourage those false expectations at this crucial time?
Many teenagers will fail to achieve their goals. However, there’s nothing worse than not even trying. Promoting drive and ambition is something all parents should do.
It’s better for them to start a business, become a dancer, or travel the world while they’re young. Once responsibilities take over, it’s very hard to chase those dreams. The last thing you want is to see your child reach their late twenties thinking “if only I’d gone for it”.
Apart from anything else, failures can encourage the resilience that will help them in later life. Alternatively, if they do realize their full potential straight away, that’s even better.
Your teen still needs support, not least on an emotional level. Still, this is an important time in their physical and social development. Allowing them to grow in a positive fashion is key.
There are several life skills that can benefit them through this traditional stage. Cheap and easy meals via Buzzfeed is a great starting point. Meanwhile, cleaning tips and utilizing space should be encouraged. Likewise, simple DIY tricks may prove to be priceless.
There’s a fine line between helpful and patronizing. They will still make mistakes, but if you’ve equipped them with the right skills, they will be just fine.
*This is a collaborative post. For further information please refer to my disclosure page.