Teen Financial Literacy (3 min read)

Dear Association leaders,

Want Your Teen to Own a Home Someday? Start Talking Money Now

Teens may not be thinking about mortgage rates or down payments just yet, but the money habits they’re building now can follow them for years. And 88% of teens surveyed by Fannie Mae and Junior Achievement said they want to own a home someday.

This week’s Consumer Guide: Talk to Your Teens About Money and Homeownership makes those conversations a little easier, covering everything from credit scores and budgeting to debt, renting versus owning and saving for that eventual down payment.

So yes, you may have to interrupt the doomscrolling. But helping teens get smarter about money today could put them in a much better position to get the keys to a home of their own down the road.

Download all of NAR’s Consumer Guides in English or Spanish at facts.realtor.

For ease of reference, below is a list of the most recent guides:

· NEW: Teen Financial Literacy

· Fraud Red Flags

· Helping Family Members Become Homeowners

· Prepare Your Home for Hurricane Season

· Condominium Insurance

Thank you for your continued engagement with the “Consumer Guide” series and for sharing the resources with prospective clients to ensure they have the information they need to find success in their home buying or selling journey. Remember that these guides are for informational purposes only and are not meant to enact or change any existing NAR policy.

The next Consumer Guide, scheduled for publication on Oct. 21, will cover winter cold and storm preparedness.

__tpx__Posted by: Byron King on 10/08/26 (This information is only accurate as of 10/08/26. You must contact SCR for updates and changes to this information after 10/08/26, as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org or email byron at screaltors.org

This information is not legal advice. This information is intended only to provide general information and may not be relied upon as specific legal guidance. Legal counsel should always be consulted before acting in reliance on this information.