JONESBORO, AR (KAIT) - Once a person turns 18, they are financially responsible for the decisions they make about money.
It's important for teens to understand how to handle this new responsibility. Wednesday morning at Jonesboro High School bankers were talking bucks. Explaining credit, financial fitness and identity theft to high school seniors.
From simple things like keeping track of spending in a notebook to the complexities of interest on a car loan.
Senior Jenna Stallings says it's important to start learning about the financial landscapes awaiting graduates.
"We have to pay for bills and everything. Now we don't have to do that. It's better to do that now than later on."
Once a person turns 18, they are financially responsible for the decisions they make about money. Branch Manager Stacy Slaughter says an education in finances for these 12th grade students is vitally important.
"Decisions they make in the next year can either hurt them or help them. And unfortunately a lot of the people we see they make mistakes early on and these mistakes they have to carry with them. Sometimes for the rest of their lives."
"When you apply for a job, the chances are very good your prospective employer will be looking at your Facebook page."
Caryl Steele, also from Bancorp South was leading the discussion on Identity Theft, new to the training this year.
Slaughter, "I think they (the kids) participate in a lot of online social activities that me and you might not on a regular basis and it just makes themselves more of a target or more of a victim."
The old adage goes; You can lead a horse to water but you can't make him drink. So do teens really understand how important managing their money is?
Jenna Stallings is a make it, spend it kind of person.
"We always have to have a new outfit for a dance or something. I like to spend my money on clothes."
Edna Fuller says she is pretty tight fisted with a dollar. She spends a lot of money on bowling.
"If you need it, get it. But if you don't necessarily need it then you don't have too."
No matter what their spending styles are,Stacy Slaughter says the most common question she hears at these sessions is.
"They want to know how they can get a car loan. Who has to co-sign with them. They want some wheels."
It's never too early to learn the in's and outs of fiscal responsibility.
If you would like to learn more about teaching your teen financial responsibility. I have attached several links for you and your teens to use and learn from.