Saturday, April 7, 2018

Teaching Your Kids About Money

HOW TO RISE KIDS WELL

Take the things that work for you and put it on to the problems of yours. I hear this fundamental cash practices are established by seven years of age as well as as tiny as three year olds are able to grasp monetary ideas. So it is not too soon to get into. And in case the children of yours are older, it is not very late to learn. As an adult I continue to wrestle with several of these principles.

  • Wants vs. needs
  • Money basics- denominations and value
  • How to account for money
  • How to save money
  • How to budget
  • Credit cards and credit reports



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