Forbes has a great article on money lessons you should be teaching your kids, with milestones for ages 5, 10, and 15. Let’s see how I’m doing with my kids: Money Lesson Goals for 5 Year Olds Savings Goal – a savings goal has three elements: (1) what you want to buy, (2) when you…
Can you teach children to care about those less fortunate? If you are teaching your kids financial literacy with Spend, Save, Donate, the holidays are a great time to visit the Donate portion. I have a list of worthy non-profits that kids can relate to and invite you to suggest more.
Teaching Kids About Money It’s great that schools are now emphasizing the need to teach financial literacy in the classroom but the issue is training teachers. The problem is that most adults don’t understand the basics of financial investing, yet they overestimate their knowledge. Here’s a way to test your financial investment acumen from The…
This hilarious post is from Susan Beacham, a financial literacy expert, author, columnnist, and translator of “text speak.” She advises teaching kids about financial education and comes at it in an effective but usual way: text it to them! What a great idea for middle school kids and older!! If you want to sneak some “valuable life lessons” into this summer’s curriculum, try this! Your kid will think you are nutty but cool! And for those of us just learning to teen text-speak, she has a handy glossary at the bottom. TG (Thank God!).
My brother sent me this great article from the New York Times Money section. Written by Ron Lieber and published on July 9, 2010, you can click here for the entire article. It’s a nicely done article when kids ask the darndest questions:
How Much Do You Make?
Are We Rich? Are We Poor?
Why Don’t We Have (fill in the blank…)? Summer Home? 2nd Car?