Timely Tax Tips for Teenagers

April 2006
USA Today Magazine;Apr2006, Vol. 134 Issue 2731, p2
This article emphasizes the importance for teenagers in the U.S. to learn how to manage their finance and offers tips on paying taxes on time. The teenage years are filled with fun and responsibility. It's about first dates, the first time behind the wheel, and first jobs. However, all of these "firsts" are accompanied by one thing--money. That is why it is important for teens to learn how to save money, use credit wisely, and pay dues to the government. Mike Sullivan, director of education for Take Charge America, Phoenix, Arizona, a nonprofit credit counseling company, says parents not only should teach their children how to pay taxes, but explain why it is necessary.


Related Articles

  • beware of credit-counseling fraud.  // Essence (Time Inc.);Oct2003, Vol. 34 Issue 6, p120 

    Discusses the factors to consider in the recognition of credit-counseling fraud. Advice from the National Foundation for Credit Counseling.

  • Debt limit.  // Money (Australia Edition);Feb2013, Issue 153, p22 

    An answer is presented to a question about how to manage a 785,000 U.S. dollar family savings.

  • Personal Finance: An Interdisciplinary Profession. Schuchardt, Jane; Bagwell, Dorothy C.; Bailey, William C.; DeVaney, Sharon A.; Grable, John E.; Leech, Irene E.; Lown, Jean M.; Sharpe, Deanna L.; Xiao, Jing J. // Journal of Financial Counseling & Planning;2007, Vol. 18 Issue 1, p61 

    This commentary recommends that financial counseling and planning research, education, and practice be framed as an interdisciplinary profession called personal finance. Authors summarize the history of the profession and key theories providing the conceptual foundation. In order for the...

  • supporting profitable people. McQueen, Hannah // Human Resources Magazine;Apr/May2010, Vol. 15 Issue 1, p18 

    The article presents guidelines to help New Zealand workers improve their financial literacy. With the lack of capability to provide wage hikes and bonuses, more New Zealand employers reportedly aim to give their employees financial advice to handle money problems. Proactive employers are...

  • Life Planning: Creator of Entrepreneurial Endeavor. Kinder, George // Journal of Financial Planning;Aug2014, Vol. 27 Issue 8, p33 

    The article discusses life planning as a prerequisite for financial planning. The author maintains that simply selecting the right investment products for a client is inadequate if a planner has not first determined what the client's life goals are. He likens clients who are passionate about...

  • Suddenly Single. Field, Anne // REP.;Apr2014, Vol. 38 Issue 4, p17 

    The article offers tips on how financial advisors can advise new and single clients related to sensitive money issues. The author suggests that financial advisors should be careful when providing money-related advice to those who lost a spouse or those who had unanticipated divorce as their...

  • Keeping Money Unmarried. Palmer, Kimberly // U.S. News & World Report;4/28/2008, Vol. 144 Issue 12, p58 

    This article focuses on keeping personal finances separate between unmarried couples. The article explains that shared financial investments such as cars or homes can be lost if a couple breaks up. The article stresses individual accounts and credit cards. Couples with children or large assets...

  • FCS Leadership in Financial Health. Delgadillo, Lucy // Journal of Family & Consumer Sciences;Summer2014, Vol. 106 Issue 3, p16 

    The article discusses the role of family and consumer sciences (FCS) leadership in improving personal finances. Topics discussed include training and education provided by FCS professionals on family finances, 26 course content items listed by the Association for Financial Counseling and...

  • Financial advice: A substitute for financial literacy? Collins, J. Michael // Financial Services Review;Winter2012, Vol. 21 Issue 4, p307 

    A lack of financial literacy can hamper the ability of individuals to make well-informed financial decisions. For people who exhibit problems with financial decision making, financial advice has the potential to serve as a substitute for financial knowledge and capability. However, data from the...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics