What are the “Secrets for Money” I want to share with you today?
The best tips to teach kids about money—yes, kids and money!
How do we teach financial literacy to children and raise money-smart kids?
Some of the ways are:
*Using the allowance you give kids to teach them money management
*Showing the value of a dollar and how to make smart-spending and saving choices
*Explaining why tithing on a regular basis to charities is crucial
*Playing games to teach financial literacy in a fun fashion.
*Helping older children by teaching the concept of working to earn money while learning valuable skills.
Here are some wonderful resources that expand on the subject of teaching kids about money. There are tips for “kids” of any age—from preschool to teens and onto college-bound young adults.
1) Life.FamilyEducation.com’s “Kids and Money” has many articles including, but not limited to teaching children monetary concepts such as saving versus spending, using checks or credit cards, and paying income taxes. http://life.familyeducation.com/money-and-kids/personal-finance/34481.html
2) KidMoney.About.com’s “Top 14 Ways To Teach Kids About Money” this is a very good primer and her site has many other step-by-step articles on this topic.http://kidmoney.about.com/od/teachingchildren/a/teachkidsmoney.htm
3) CNNMoney.com’s “Money 101 Kids and Money”http://money.cnn.com/magazines/moneymag/money101/lesson12/
4) MSN Money.com’s “What Kids Need To Know About Money” http://articles.moneycentral.msn.com/CollegeAndFamily/RaiseKids/what-kids-need-to-know-about-money.aspx
Copyright © 2009 by Mara Rogers of Secrets for Money http://www.SecretsForMoney.info
Photo Credit: This photograph “brwn 5″ by battlecreekcvb. For more of this Photographer’s work: http://www.flickr.com/photos/30940619@N05/ and http://www.flickr.com/people/30940619@N05/
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This article is featured at The Carnival of Money Hacks at Money Relationship
http://www.moneyrelationship.com/blog-carnivals/money-hacks-carnival-51-the-office-edition/
2 users commented in " Tips To Teach Kids About Money "
Follow-up comment rss or Leave a TrackbackWhat a great post! Teaching our kids money skills and empowering them with this knowledge is imperative to their well being! I share in this passion of teaching financial literacy to kids and teens. Visit http://www.kidscashcoach.com to gain access to a free video series, designed for kids ages 12 and older.
My best,
Patti Handy
[...] Mara Rogers at Secrets for Money gives some great Tips To Teach Kids About Money. [...]
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