While many parents want to teach their kids about the stock market, there are other financial concepts for them to grasp first. Rob Carrick, Personal Finance Columnist, outlines the 5 lessons for teens about money that are more important than learning about stocks.

Five things about money for teens that are more important than learning about stocks

The 5 lessons:

  1. Smart banking
  2. Saving
  3. Long-term planning
  4. How to use a credit card
  5. Matching education to job and income prospects