Bryce Mathie, Equitable Advisors, LLC

As a teenager, I used to mow lawns and landscape to save up for my first vehicle. One of those yards I mowed was my grandfather's, where he would have me send him a monthly invoice of each time I mowed throughout the month, and how much he "owed" me for my services.

He always encouraged me to set aside a portion of those dollars towards a savings account that wouldn't be touched, and even helped me set up my first investment account. What started as a very minimal amount, has since grown substantially! As grateful as I am for him providing me work at the time, I'm even more appreciative for the life lesson, and him helping me get started on my investing journey at a young age!

Are you interested in helping a teenager or young adult understand the importance of budgeting, saving and investing? Check out , an interactive game that shows real life income, expenses, and the every day financial decisions that many of us face.
I recently had the opportunity to speak to a class of High School students where we went through the exercise, and it was very eye opening for the students to see the "Cost of living" and all of the expenses that come with it!

It's never too early to start teaching your kids the importance of a rainy day fund, or the power of compound interest.

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