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Kids and Money Articles

5 Strategies to Teach Your Children About Saving Money

Teaching your children financial skills is critical for their future. 80% of parents believe that their children are being taught personal money matters in school, yet 90% of high school students and 87% of college students say that whatever they know about money they learn from their parents. Among parents with children 5 and older, only 26% feel well enough prepared to teach their kids about personal finances. Jump$tart Coalition for Personal Financial Literacy measured 12th graders' knowledge of personal finance basics and found that only 10% of high school graduates could satisfactorily answer questions about personal finance.  Read the full article >

How to Teach Kids About Money

As any parent knows, it can be incredibly frustrating to deal with children when it comes to money. They have little understanding of the true value and cost of things. When it comes to wants, needs and must haves, this can get overwhelming. There is no set time that is best for teaching your children about money. As soon as you feel they are capable of understanding certain aspects you can get started.  Read the full article >

How to Teach Your Kids To Be Responsible With Money

Money is an essential part of life in today's modern world, so kids are never too young to start learning about it. Children will have greater respect for money and be able to use it better if parents start teaching them as early as possible. Here's how to do it:  Read the full article >

Seven Myths About Kids and Money - Busted!

Although may parents believe that teaching kids about money isn't necessary, the fact remains that today's young adults are falling deeper and deeper into debt. There are many ways to teach your children about money, and be rest assured, young or old, they can learn. There are seven misconceptions parents have about kids and money - but by letting go of these myths, you can teach your children to be financially responsible adults.  Read the full article >

Teaching Kids About Debt and Everyday Money Matters

Children and money: these are the two words that do not really bode well with each other, especially if you are the parent or guardian in charge of both. Often, we give little thought to children's financial education; we just assume that they will learn how be responsible for their own money when they grow older. (We are actually hoping that they pick some useful stuff about money in school.)         Read the full article >

The Importance of Teaching Your Children Money Management Skills

If you have ever struggled with your own money management issues, you probably know how difficult it can be to deal with personal finance issues. If you have made it to the light at the end of the tunnel, and have been able to overcome financial problems, you also know how much easier it is to get through your day to day life without worrying about money. If you do not want your children to deal with same financial burdens you have struggled with, it is wise to teach them the importance of good money management skills.                         Read the full article >

Top 3 Kids and Money Q

Let parents bequeath to their children not riches, but the spirit of reverence. - Plato  Read the full article >

 

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