His advice: Learn together.
Resources abound, if parents know where to look. There are free online materials available, as well as children s books and games that can help.
Online resources
The Council for Economic Education aims to make learning fun with its Family-At-Home Financial Fun Pack. You can download the grade-appropriate pack for your child and get games, activities and worksheets that you can do together. There are also suggestions for books (see more on books, below).
The nonprofit personal finance organization Next Gen Personal Finance also has free online games and activities on topics like investing and budgeting, and the National Endowment for Financial Education has free online courses, learning activities and quizzes.
Midwest BankCentre Enhances Local Credit Card Access with Program from Corserv
prweb.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prweb.com Daily Mail and Mail on Sunday newspapers.
Midwest BankCentre Enhances Local Credit Card Access with Program from Corserv
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
ABA Foundation, FTC Release Infographic on Government Imposter Scams
aba.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aba.com Daily Mail and Mail on Sunday newspapers.
Yakima Federal Helping Kids Become Better Money Managers
MyFuture.com // Flickr
Chances are most of the KIT listening audience never received much in the way of formal money management education. It was left up to parents to share life lessons dealing with money. Maybe you got the mythical dollar allowance breakdown of setting aside 10 cents for the church, 15 cents for savings, 25 cents for necessities, blah, blah, blah..and maybe you didn t!
The bottom line is most of us are pretty lousy at money management. An article in Marketwatch from a couple years ago titled Five Facts That Americans Are Horrendous At Managing Money makes a pretty good case for the need of more and better education!