Teaching Kids about Money
Knowledge@Wharton: “Schools, companies and nonprofit organizations around the country, including educators at Wharton, say helping children and teenagers learn the rudiments of free markets, entrepreneurship, credit, spending, saving and investing is one of the most important, yet usually neglected, components of a young person’s education. Places for kids to learn about money and business abound, but typically these are not among the regular curricula at schools. Often, parents have to take the initiative and enroll their children in financial literacy programs. “
Chuck on September 13th, 2004 1:41 pm
I’m using a free report I host at http://homebusinessfactory.com/double.html to help my kids learn about money.
The report basically helps me instill in them an entrepreneurial mindset.
One activity we’ve started since working on this ongoing project is to collect aluminum cans.
Each can is worth over 1 cent a piece.
It’s “tangible” to crush the cans…
Weigh them at home…
Take them to the recycling place…
Dickering with the recycler (who here at least is known to pronounce a weight before the scale settles, etc.)
They’re little so we’ll move on to something else soon.
But I wanted to start them thinking this way while they are still 10 and 8 respectively.
danakeith on June 8th, 2008 9:06 pm
much better if parents should take the responsibility to teach their children’s regarding money matter than to have them enrolled.
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