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November 23, 2020

Teenage Money Management Tips for Parents Who Aren’t Money Pros – with Ed Vargo

Teens and Money

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As parents, we want our kids to have a healthy relationship with money. As they get older, learning smart teenage money management tips is even more important. After all, they are almost out of the house and on their own!

Ed Vargo knows this situation well. Outside of being a financial expert and the founder of enlightenHer, a community dedicated to money mentorship for women, Ed has 5 daughters and only wants the best for them.

To help us all have successful conversations with our teens about money, Ed shares some practical tips that have helped him as a father. I learned a lot from this chat even though I'm years away from talking to my teens about money. Now I feel prepared!

What are we covering?

Ed and I review the following:

  • Why Ed is passionate about money mentorship for women
  • How to talk to teens about saving and spending
  • Why your example is more important than anything you say

If you have teens or will in the near future, check out this episode. Your preparation and care toward this important topic just may give you the tips you need to help your teens have a bright future with money.


Guest Bio – Ed Vargo

Ed is the creator of enlightenHer, a community devoted to money mentorship for women. The focus is on helping women (moms) get clearer and more confident around money, so they can mentor the next generation to achieve financial equality and break the “traditions” that hold women back.

Ed Vargo Resources

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“The funny thing about kids is, they are the reason we lose it and the reason we hold it together.”


What teenage money management tips have worked for you? How do you teach your teens about money?

Please let us know in the comments below.

teenage money management

Andy Hill

Andy Hill, AFC® is the award-winning family finance coach behind Marriage Kids and Money - a platform dedicated to helping families build wealth and happiness. With millions of podcast downloads and video views, Andy’s message of family financial empowerment has resonated with listeners, readers and viewers across the world. When he's not "talking money", Andy enjoys being a Soccer Dad, singing karaoke with his wife and relaxing on his hammock.

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About Marriage Kids & Money

The Marriage Kids and Money Podcast is dedicated to helping young families build wealth and happiness.

With over 400 episodes and counting, we share interviews with wealthy families, award-winning authors, and personal finance experts to help you find your version of family financial independence.

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