Write Lightning is a blog from writer Deb Thompson.
Everyone is welcome here.
(Some links or topics may not be completely kid-appropriate.)
Everyone is welcome here.
(Some links or topics may not be completely kid-appropriate.)
Mon, Jun 18 2007
Helping kids learn about money
Kids probably learn best about money by observing how parents handle money. But if you feel you need some extra help along the way, the National Endowment for Financial Education has a great site called Simple steps to raising a money-smart child. There are ideas for use with children as young as age 2.
I keep meeting people who tell me they never learned about money because their parents took care of all the household tasks and never talked to them about what was going on. Some of these folks tell me they're one paycheck away from financial disaster. I can understand not wanting to put the burden of financial woes on kids too early, but a lot of these adults I meet now tell me they have no self-discipline when it comes to savings or shopping wisely because they never developed the habits and skills as a child. You can learn to do these things as an adult if you work hard at it, but why not give kids as much help as possible in order to encourage them to be successful financially long after parents have passed away?
posted at: 09:11 | category: /Miscellaneous | link to this entry
Kids probably learn best about money by observing how parents handle money. But if you feel you need some extra help along the way, the National Endowment for Financial Education has a great site called Simple steps to raising a money-smart child. There are ideas for use with children as young as age 2.
I keep meeting people who tell me they never learned about money because their parents took care of all the household tasks and never talked to them about what was going on. Some of these folks tell me they're one paycheck away from financial disaster. I can understand not wanting to put the burden of financial woes on kids too early, but a lot of these adults I meet now tell me they have no self-discipline when it comes to savings or shopping wisely because they never developed the habits and skills as a child. You can learn to do these things as an adult if you work hard at it, but why not give kids as much help as possible in order to encourage them to be successful financially long after parents have passed away?
posted at: 09:11 | category: /Miscellaneous | link to this entry