BillMyParents Presents Money Tips Blog to Aid Parents and Teens

Online, November 1, 2010 (Newswire.com) - BillMyParents®, the teen payments solutions branch from Socialwise, Inc. (OTCBB: SCLW), premiered today their new "Money Tips For Teens" blog, designed to help parents educate their teens about healthy and responsible financial practices. Drawing upon various family and financial resources, the blog seeks to encourage open and ongoing communication within families about money and spending.

"As parents, we should talk frankly with our children about money and the effects of good - and bad - saving and spending habits," said Jim Collas, President and CEO of BillMyParents®. "We created the "Money Tips For Teens" blog to help parents initiate those conversations as well as provide advice on what can be done to guide their teens toward personal financial success. I've found that education about money matters starts at home, and we are glad to offer this resource to aid parents as they teach financial life lessons to their kids."

Helpful topics on the BillMyParents® "Money Tips For Teens" blog include a budget worksheet tool, ways finance experts teach their kids about money, how to curb a teen's impulse spending, saving for college, teaching teens about financial responsibility, and more. Teen budget and expense tracker worksheets and posts speaking directly to teens will be added to the blog in the upcoming weeks and promoted on the BillMyParents® Facebook fan page to give teens positive tips and techniques on how to deal with money issues, as well as how to broach these subjects with their parents.

For more information, please visit: www.billmyparents.com and http://news.billmyparents.com/tips

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