Sadly, debt often begins building at a young age. The pressure to be accepted in today’s stuff-centered world drives teens—and perhaps even their parents—to throw money away on things that don’t matter, all in an attempt to “be somebody.”
When teens leave for college, they’re bombarded by an average of eight credit cards during the first week of school.* Credit card companies crowd college campuses offering potential debt in exchange for a free t-shirt. And predatory lenders would love nothing more than to loan money with outrageous interest rates to unsuspecting students.
We need to prepare students for the pitfalls of debt before they enter college. Generation Change is a relevant, easy-to-follow study designed to teach teens the biblical principles of money management, preparing them for financial ups and downs in their future.
Learn how Generation Change can impact your teens.
*Jump$tart Coalition for Personal Financial Literacy
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