Kids and Money
Contains information for parents about how to teach their children how to understand and manage money.
There’s so much for young people to learn about money! Do your kids know everything they should? According to many experts, the answer is no. In 2004, nearly 65% of high school seniors failed a financial literacy survey by the Jump$tart Coalition. As bad as that sounds, it’s actually an improvement over recent years.
In this section of moneysbestfriend.com, you’ll get advice for talking to young people about money, along with activities and games to make learning fun.
Other Web Resources
Financial Facts of Life
The FDIC provides some tips for explaining the financial
facts of life to your kids. Learn more...
Learning from Your Kids
A personal finance writer explains what she learned from
her kids about teaching money values. Learn more...
Tips and Tactics
This short article from the website of the PBS program That Money
Show gives some advice on getting started. Learn more...
A Parent’s Challenge
Forbes.com explains why you should take time to teach your kids about
money. Learn more...
Start Early
Kids can understand the value of money before they learn to
add or subtract, so start teaching them young, says CNN Money.
Learn more...
Because Greenspan Says So
Former Federal Reserve Chairman Alan Greenspan says kids need
to learn money management early — or pay later. Learn more...
How to Save & Invest
Ebony Magazine explains how to teach children the importance of saving
and investing. Learn more...
