November 19, 2010

Help Your Teen Understand the Enormous Federal Debt

Most of us don’t understand the extent of our government’s indebtedness, but we do know that we’re saddling our kids and grandchildren with a ton of debt. No one’s happy about that, but what can we do?

Here’s an interesting interactive graphic that will help you and your teen get a handle on exactly what can be done to reduce deficits. It’ll get you both talking about where cuts should be made and/or taxes should be increased. Each decision you make reduces the debt….but also has repercussions.

Try it and see what I mean. It will help your teen (and you) understand what kind of tough decisions need to be made to get us back on track.

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