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Posts Tagged ‘Parenting’

How to Raise Financially Savvy Kids

With bagged lunches and crisp clean notebooks, kids everywhere are heading back to school to brush up on their math, English and geography skills. One lesson they won’t get in the classroom, however, is arguably one of the most important for their future success: How to smartly and responsibly handle money. That is a course we leave to parents, who do not get a lesson plan.

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Young teens: Stop treating them like babies

Marketing experts believe that young people are not acting their age; they’re acting, and spending, older. So start their financial education by giving them around $15 a week when they turn 12, and let them learn by trial and error. But when they turn 13, it’s time to get serious by increasing both the amount they receive and what they must pay for.