The bad news: Our most recent Great Recession and the things that precipitated it have exposed our desperate need for financial literacy in America as never before. The good news: The Great Recession and the new economic realities resulting from it has created a generation of teens more hungry for financial education than perhaps any generation before it. They’re ready to listen. But when it comes to teaching kids about money, as parents, teachers and mentors, we must be equally ready to not only talk, but initiate the conversation. Here are some ideas to help you do just that, with the goal of teaching our teens to become financially responsible adults.
Alfred Edmond Jr. is SVP/Editor-at-large of BLACK ENTERPRISE. He is a content leader, brand representative and expert resource for all media platforms under the BLACK ENTERPRISE brand, including the web site, social media and live networking events. From 2008 through 2010, Edmond was SVP/Editor-in-chief of BlackEnterprise.com, helping to lead the transition of BLACK ENTERPRISE from single-magazine publisher to digital-first multimedia company. From 1995 through 2008, Edmond was chief editor of BLACK ENTERPRISE magazine. He has also hosted The Urban Business Roundtable on WVON-AM in Chicago and Money Matters, a syndicated radio feature of American Urban Radio Networks. Edmond is also an entrepreneur, speaker, author and amateur natural bodybuilding competitor.