Finances & Teenagers with Alicia Lazarto

Hello Martinis and Your Money Listeners! Today’s podcast episode was inspired straight out of my own experience of transitioning my 17-year-old son, Will, from a car passenger to a licensed driver. Bill and I have been talking about this in theory for over a year now as Will has been practicing driving and taking classes, etc. but I’m not sure anything really prepares you for it until it hits you straight in the face. 

Over the years, I have witnessed clients' expectations of kid costs to decrease over time, only to realize that some of the early large expenses like nannies or daycare just wash over into camps and sports as they age and then ultimately car insurance and college costs as they continue to age. 

Joining me today is my great friend and work wife for life, Alicia Lazarto, to talk about how to prepare and manage your family’s finances with a teen and also how you can set your teen up for success once they leave the home. 

For more information, visit the show notes at https://www.martinisandyourmoney.com/show-notes/episode459