Saving in a Swipe Society
RAISING MONEY-SAVVY TEENS IN THE DIGITAL AGE
In today’s tap-to-pay world, the days of piggy banks and cash allowances for chores are gone. Teens are growing up with financial apps, Venmo, debit cards, and virtual transfers they can’t physically see. In this cashless culture, parents have to rethink how they teach young adults basic financial literacy. Empowering your children to budget wisely is all about helping them understand the value behind a swipe, tap, or click. TEEN SPENDING Today’s teens spend more money online, frequenting food delivery apps and websites like Amazon or Sephora. Though their digital shopping habits have increased, fewer young people seek part-time or summer jobs. Studies have found that teens who
work to earn a paycheck are more likely to budget, save, and think before purchasing. With less hands-on experience with money management and the convenience of buying items with the simple click of a button, it’s become easier than ever to spend money impulsively and recklessly. TEACHING TIPS In a sea of apps and short-form videos, parents can be a trusted source of information about financial literacy; it just takes creativity to make the lessons stick. Start by having regular discussions about finances as a family. Real-life examples can help them practice saving and budgeting, like plotting out the expenses for school supplies or identifying big purchases they want to make, like a car.
Encourage teens in a fun way, like doing a savings challenge where they have to put away a specific amount every week. This can help them get into the habit of saving and waiting to buy the things they want until they have the budget to support it. Gamify money management lessons as much as you can to keep them engaged. You can even find apps that help young people budget and learn important financial concepts. One app called BusyKid helps them manage their allowance and introduces them to safe investment opportunities. In a world where money moves with a tap, it’s more important than ever for teens to focus on financial literacy. With the right tools and conversations, you can help them set up smart money habits that last a lifetime.
SUDOKU
Grilled Teriyaki Flank Steak Inspired by TheShortOrderCook.com
Ingredients Marinade • 2/3 cup red wine • 1/2 cup soy sauce or tamari
• 1/4 tsp black pepper • 1/4 tsp ginger powder • 1/4 tsp red pepper flakes (optional)
• 1/3 cup brown sugar • 1/4 cup sesame oil • 1 tbsp sesame seeds • 1 tsp minced garlic
Meat • 1 1/2 lbs flank steak
1. In a large bowl, whisk together marinade ingredients. 2. Place the flank steak in a large, rimmed dish. Pour the marinade over the meat. 3. Refrigerate and allow to marinate for 15 minutes. Flip and let marinate for another 15 minutes. 4. Preheat grill to 400 F. 5. Add the meat to the grill and cook for 3–5 minutes on each side. Leave the grill lid open to avoid overcooking. 6. For a medium-rare steak, remove from grill at 130 F internally, and for medium, remove at 140 F. 7. Let the meat rest on a cutting board for 5–10 minutes. Then, slice against the grain into thin pieces and enjoy! Directions
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