Teaching Kids About Money
As a followup to my recent post on our allowance system, I thought I'd post a link to a report from Montana State University on teaching your kids about finances. It's nearly two years old, but it's short and worth a read. According to the article, only 7% of parents think that their kids understand financial matters (however that's defined) and 30% of kids report that their parents never discuss saving and investing with them. They go on to suggest some good topics to discuss with your kids, including how and why your family saves as well as the difference between wants and needs. They also link to a great site on teaching children (and adults) how to save. It's definitely worth checking out.
--
Please CLICK HERE to read/leave comments on this entry
"Teaching Kids About Money" was first published at raising4boys.com
What do you think of this post? Be the first to share your opinions.
Enjoy the latest personal finance news and commentary at PFBlog Network.
Similar Posts
Howard Stern is Underpaid (March 16, 2006)
I just ran across an article that talks about how much money Howard Stern makes from his gig with Sirius Satellite Radio... $93,000 per hour! But do you want to know what's really amazing? That's just a tiny fraction of the $705,000 that Oprah Winfrey ... Read
I just ran across an article that talks about how much money Howard Stern makes from his gig with Sirius Satellite Radio... $93,000 per hour! But do you want to know what's really amazing? That's just a tiny fraction of the $705,000 that Oprah Winfrey ... Read
Exchanging Damaged Money (March 07, 2006)
Not long ago I wrote about trading in your damaged (or laundered) stamps. As a followup to that post, I thought I'd talk about trading in damaged currency... As it turns out, "any badly soiled, dirty, defaced, disintegrated, limp, torn, or worn out currency note ... Read
Not long ago I wrote about trading in your damaged (or laundered) stamps. As a followup to that post, I thought I'd talk about trading in damaged currency... As it turns out, "any badly soiled, dirty, defaced, disintegrated, limp, torn, or worn out currency note ... Read
On the Accuracy of CoinStar (March 05, 2006)
According to an article that a reader pointed out in the comments to my earlier post on using CoinStar for free, CoinStar coin-counting machines aren't necessarily accurate, but at least they're not biased... Based on a survey of five different machines at five different locations ... Read
According to an article that a reader pointed out in the comments to my earlier post on using CoinStar for free, CoinStar coin-counting machines aren't necessarily accurate, but at least they're not biased... Based on a survey of five different machines at five different locations ... Read
The Wonderful World of Yahtzee (February 28, 2006)
Last summer our family (re)discovered the joy of Yahtzee. We were in Las Vegas, and we were looking for something to entertain the kids when we weren't hanging out poolside. Given the choices available in the gift shop (pretty much just dice and cards) I ... Read
Last summer our family (re)discovered the joy of Yahtzee. We were in Las Vegas, and we were looking for something to entertain the kids when we weren't hanging out poolside. Given the choices available in the gift shop (pretty much just dice and cards) I ... Read
Email addresses will never be collected or sold.
06/09/06 |
An Interview With Bill Gates
05/31/06 |
Cheap Self-Inking Rubber Stamp
05/29/06 |
Shady Jewelry Store Advertising Tactics
05/12/06 |
The New 'Forever' Stamp
| (1)
04/03/06 |
Ten New Money Scams, Part 3
03/23/06 |
Ten New Money Scams, Part 2
03/23/06 |
Can Money Buy Happiness?
03/22/06 |
Ten New Money Scams, Part 1
03/22/06 |
Talk About an Allowance!
03/21/06 |
The Death of Free Delivery
03/16/06 |
Howard Stern is Underpaid
03/07/06 |
Exchanging Damaged Money
03/05/06 |
On the Accuracy of CoinStar
02/28/06 |
The Wonderful World of Yahtzee
02/27/06 |
Moissanite Instead of Diamonds
02/23/06 |
Laundering Stamps
02/18/06 |
How Much Does a Million Dollars Weigh?
02/18/06 |
The Economics of Super Bowl Ads
02/16/06 |
Super Bowl Ad Prices
02/12/06 |
Time Warner Cable Settlement
02/08/06 |
Lifes Too Short to Drink Cheap Beer
| (6)
02/03/06 |
Kill-a-Watt
02/03/06 |
Scammed out of $15k
01/17/06 |
Free Booze Helps the Homeless
01/15/06 |
New Nickel Enters Circulation
01/12/06 |
Back to Planning on Paper
01/11/06 |
Free Money 2005
01/10/06 |
Sams Club and a Bad Battery Deal
01/10/06 |
Xbox 360 Costs $715 to Produce
01/01/06 |
Happy New Year!
12/29/05 |
The Art of Re-Gifting
12/29/05 |
The Answering System Cheat Sheet
12/28/05 |
Mall Jewelry Store 'Sales'
12/27/05 |
Use Coinstar for Free
| (2)
12/22/05 |
The $99 Coffee Mug
12/22/05 |
Xbox 360 Followup
12/21/05 |
Santa Dollars and Bunny Bucks
12/21/05 |
Money Moves for 2006, Part 6: Your Spending
12/14/05 |
Xbox 360 Being Sold at a Loss
| (1)
12/14/05 |
Money Moves for 2006, Part 5: Your Family
12/12/05 |
Money Moves for 2006, Part 4: Your Health
11/29/05 |
Stamp Prices Set to Rise
11/10/05 |
Daytime Population Fluctuations
11/09/05 |
How Not to Win the Lottery
11/01/05 |
BellSouths Sneaky DSL Price Drop
| (9)
10/31/05 |
Halloween Safety Tips
10/31/05 |
Halloween Treats Ideas
| (1)
10/27/05 |
Call 411 for Free
09/27/05 |
Misguided Money Fears
09/20/05 |
Obsessive Compulsive Checkbook Balancing
| (2)
09/08/05 |
Poverty in the US: The Rich get Richer
09/05/05 |
Our Overly-Litigous Society
09/01/05 |
Hurricane Relief Donations
08/30/05 |
Poverty in the US: The Rich get Richer
| (2)
08/30/05 |
How to Sue Wal-Mart
08/22/05 |
My New Sanyo MM-7400 Cell Phone
08/09/05 |
Insane Star Wars Auction Results
07/27/05 |
Yes, Virginia, There is a Two Dollar Bill
07/26/05 |
$4.60 Worth of Laziness
| (1)
07/11/05 |
Carnival of Personal Finance #4
07/04/05 |
Happy 4th of July (and Some Statistics)
06/19/05 |
Happy Father's Day
| (1)
06/15/05 |
The Salary Theorem
06/13/05 |
US Petroleum Reserve Nearly Full
06/12/05 |
Fifteen Dumbest Money Moves
| (5)
05/26/05 |
Don't Believe Everything That You Read
| (2)
