While reviewing current interest rates at Bankrate.com, I came across this article on teaching kids to be money savvy. It's definitely worth a read.
Here is an excerpt:
"Children between the ages of 5 and 14 have direct purchasing power of more than $40 billion a year and influence $146 billion worth of purchases. Yet, few children are taught, either in school or at home, about managing money.
With schools forced to make tough choices on which "noncore" subjects to include in curriculums, parents are often left to teach financial skills on their own. For parents, many of whom don't feel confident in their own money-management prowess, teaching their kids how to manage money can be an intimidating task.
But don't put off addressing the issue." To read the complete article, click here.
Financial responsibility is one of the most valuable lessons parents can teach their children. It's never too early (or too late) to start.
Yours for success & properity,
Carol
e-mail: mailto:CaCarol@TopPropertiesWenatchee.com
Primary website: www.TopPropertiesWenatchee.com
Residential blog: www.CarolsWenatchee.com
Friday, October 07, 2005
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