Kid and Teen Solution

Adults experience stress from their work and from all the responsibilities they need to fulfill. Since teenagers don t really shoulder much responsibilities, does this mean that they don t experience stress? The fact is many teenagers feel stress. This happens when they find themselves in situations that are dangerous (facing a bully), difficult (facing a strict teacher), and painful (facing loss of a loved one). The stress is increased because, unlike adults, teenagers do not have all the resources they need to cope with such situations.

Parents must help their teenagers cope with stress. And the first step is to identify the possible sources of stress.

One major source of stress is the school life of the teen. The pressing demands of the school and the frustrations from low test scores and unfinished assignments can drain a teenagers energy.

The problems of friends can weigh heavily on the teenager s mind. Friendship is most important among teenagers. They easily empathize and they desperately want to help.

The changes in their bodies bother the teenagers. They may feel too tall, too simple, too chubby, or too gauche. In the adolescents world, where fitting in is of utmost importance, such bodily changes may make them an outcast. And this predicament gives teenagers stress.

The separation or divorce of parents is a source of stress of teenagers. With the changes in their lives, they are likely to think that they are the cause of their parents decision to separate or divorce. They blame themselves. And they envy classmates or friends whose families are still in tact.

The death of a loved one, a brother, sister, parent, or a close relative, can certainly give a teenager a brutal emotional blow. They are at the threshold of their exciting lives and they are not prepared to cope with losing someone important.

Teenagers are sensitive to severe family problems, such as chronic illness or financial mess. No matter how much the parents try to hide them or shelter teenagers from them, family problems can still make a teenager worry to the point that he will ignore everything else, such as school and friends.

An unsafe neighborhood can stress a teenager. Even if no one physically attacks a teen, he or she will always have morbid thoughts about what can possibly happen to him or her in that certain neighborhood.

A new community or a new school will make a teenager less confident about his or her own place or role. Being uprooted from a familiar environment and being put in the middle of new faces may be disconcerting for adults, but for teenagers, this can be downright scary.

And lastly, having too many activities or needing to meet too high expectations can stress the teenager. Many adults do not have time management skills. Thus, it is illogical to expect any teenager to cope with too many activities all at once. And this situation causes stress.

Published by hotfact.com hotfact.com read more about hotfact.com/understanding_anxiety.html understanding anxiety here.

Establishing good saving and spending habits in your kids at an early age may not be as difficult as you think. It will require a little due diligence on your part but is well worth the effort in the long run. The following tips along with a running dialog can help you jump-start your kids onto the road to financial security.

1. Match their savings dollar for dollar…or quarter for dollar. What better incentive for kids to save their money than for them to know that for every dollar they put away, it will be matched by a given amount. It s kind of like “free” money. Okay, so it may not be free for you, but you re helping establish the habit of saving and, in the long run, it will have been worth the extra money you had to put up.

2. Give them interest on their savings. This is another example of “free” money. And depending on where the interest comes from, it may even be free to you. Opening a savings account at a bank or credit union will usually mean your child will receive interest/dividends on his balance each month. But keep in mind that this interest is typically not a whole lot, especially for the kind of balance a young child may have. And not many kids get excited about seeing 12 cents deposited in their account. So consider setting up your own interest payment plan for your child s monthly ending balance. Ten dollars earned on a balance of $100 (10% interest) is a lot more appealing than 10 cents earned. And you can vary the amount of interest you give as their balance grows. Which leads us to the next category…

3. Illustrate the power of compound interest. Show your child what can happen to her money over time if she saves it and is earning interest on it. This is called compound interest, the building of an account s value on itself. You ll probably have to go out several years for her to get the full impact of this compounding. A great way to visually illustrate this is through a software program called KidsSave by Kidnexions. Included in this virtual savings program is a section where kids can experiment with different savings scenarios to see what happens to their account money over time. Kids get to see in graph form the curve that is made through compounding interest which can be a very enlightening experience…even for adults!

4. Give them an allowance. An allowance is a popular way to get money into the hands of kids. Most parents consider an allowance as an “earned salary” for doing chores. But once you hand over the money, how do you keep kids from spending it all? Consider having your child save a portion of it the rest is theirs to spend. That way we get our cake…the saving…and your child gets to eat a slice of it…the spending.

5. Have your child set up a personal financial goal. Give your child a concrete reason to save. That really cool pool toy that he just has to have. Help him create a plan to save the money to buy the item himself. Maybe you could match him dollar for dollar. But whatever you do, start simple. Make sure the goal is easily attainable and make it happen in a relatively short period of time. Attaining success quickly will increase the chance he will want to set up another goal, at which point you can increase the time or the amount they need to save.

And, of course, kids are notorious at watching what you do when you re not looking. If you model good saving and spending habits, chances are, your kids will probably do the same.

KidsSave, designed by Kidnexions, is a virtual savings program designed for kids ages 6 and up. KidsSave helps you and your child keep track of savings and allowance, encourages saving through Reward incentives, helps your child set and track goals, and allows your child to see their savings into the future. For a free trial, visit kidnexions.com kidnexions.com