Tips for Getting Your Kids Out of Financial Trouble

There is a decent post titled, Some ways to help young people correct financial bad habits from KansasCity.com. In it it gives “five ways to help inexperienced young consumers avoid money troubles and become financially savvier.”

The article suggests monitoring spending, using gift cards, scrutinizing credit card statements,  and dodging internet ripoffs as ways to keep your kids financially out of trouble.

For those with teenagers out there, what have your techniques been?