It's never too early to
start teaching your kids about money, says Melanie Mortimer, President of the Securities Industry and Financial Markets Association (SIFMA) Foundation.
Action item: Research shows the earlier
you start teaching kids about money, the better.
It's never too early to
start teaching your kids about money.
A commitment to savings and careful spending means a more secure future.One way to
start teaching kids about money is to give them a school clothes budget when they reach middle school.
Experts suggest that the best way to
start teaching your kids about money is to start talking about it while they are young.
It's technically never too early to
start teaching kids about money to help them grow into financially literate young adults — and teaching them about compound interest, even through simplistic means, can open up a world of awareness and understanding about money, discipline, responsibility and value.
Like we always say, it's never too early to
start teaching kids about money!
Not exact matches
Before you glance at the cover of Business
Start - Ups and say «Duh,» consider the insight of author Robert Kiyosaki, a multimillionaire who penned Rich Dad, Poor Dad: What the Rich
Teach Their
Kids About Money That the Poor and Middle Class Do Not (Techpress, $ 15.95, 800-308-3585).
«I think parents need to
start teaching kids about the importance of managing
money at an early age,» said billionaire Warren Buffett, in an interview with CNBC.
We are thinking
about giving our son an allowance too, seems
about time to
start teaching him
about money (he has his eyes on some fancy lego sets too)... our
kids must be talking!
When it comes to understanding
money, it is never too early to
start teaching kids about earning
money, saving
money and budgeting.
My
kids are younger and we haven't
started that yet but I think it's a good idea to
start teaching them
about money early.