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Teach Kids About Money While They are Young |
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Right now, as we watch the stock market rise and fall and fall and fall and as pink slips litter desks across the country, money and knowing what to do with it becomes an important lesson that parents can and should teach their children about. Children who learn about and understand money tend to develop a natural curiosity and interest in their own finances from an early age which can lead to a healthy financial future.
You can start by explaining the value of each type of coin and how many coins one might need to buy a toy. As your child begins to grasp how money works, you can explore such topics as how businesses are started, the importance of money management and how the stock market works. Before your long, your child will be coming up with his or her own ideas about money and sharing ideas and questions with you.
But, you may be asking, how do we teach our kids about money if we aren't great at managing it ourselves? How about finding someone else to teach your child (you may learn a thing or two that could help your own financial situation!).
If you are looking for a fantastic resource for any parent with a child age 12-18 who wants their child to learn about money I encourage you to stop by Kids Cash Coach . Patti Handi, the Kids Cash Coach will help give your teen quick 1 minute money tips to get started. The "Money Minute" feature is free and it will help your child start to think about how they can earn and save money. If you would like to move beyond that, Patti has more products and services designed to get your teen thinking about green.
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Communication 
