Educating Kids on Money Matters

This article from MSNBC details the evils of kids and money... sortof anyways. I did not know that more than 11 percent of teenagers are carrying credit cards, and some of them are as young as 13 or 14 years old. In addition, three out of 10 teenagers have checking accounts, many linked to ATMs through debit cards.(Junior Achievement Poll)

Some pointers on how to educate kids about money matters:

Don’t teach, just talk.

Get them a piggybank.

Give them a goal.

Monitor their use of plastic.

Have a “Family Money” night.

Use extracurricular activities.

Turn them into investors and donors.

Make them work for it.




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