Wednesday, March 12

Kids and Cash

One of the best and nicest things that we as parents can do for our children is to teach them about money. I don't mean things like balancing a checkbook. I'm talking about fiscal responsibility.

Things like how to earn. How to save. How to buy. How to give. How to invest.

A while back, I wrote in this post about a story that suggested kids today expect that they'll be big wage earners, earning over six figures. I hope its true! But, without knowing how to handle their finances, they'll end up living paycheck to paycheck, no matter what their level of income.

Here are a couple of real quick ideas posted at Free Money Finance on starting the teaching the process with your kids.

Related posts on Money and Credit
Teaching a son about borrowing
Financial Illiterates

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