How to Talk to Your Children About Money
Above all other lessons, strive to model healthy money management behaviors in your own finances. Many of us may make a mistake or two along the way regarding our credit, incurring excessive consumer debt, or failing to honor our financial promises. However, the effort of trying will be noticed by your children. Be honest and proactive when discussing money with children. Let them know it’s important to you. Continue reading “How to Talk to Your Children About Money” »
Teaching Children Finances – Online Games for Kids
Here is an excellent list put together by the Washington Department of Financial Institutions on the Financial Education Clearinghouse portion of their website. You may visit their website by clicking here: Visit Washington Department of Financial Institutions Website.
Below are links to some favorite games that can be found on the web. Continue reading “Teaching Children Finances – Online Games for Kids” »
Teaching Children Finances – The Financially Intelligent Parent
This weekend I read The Financially Intelligent Parent 8 Steps to Raising Successful, Generous, Responsible Children by Eileen Gallo, PH.D and Jon Gallo, JD.
Instead of providing resources and information designed to help children, as we typically do, I thought we could take a look at products that assist parents in helping their children become financially educated and responsible. Continue reading “Teaching Children Finances – The Financially Intelligent Parent” »
Teaching Children Finances – Children’s Books about Money
Children’s Books about Money
Here is a list of books that can help your child understand certain financial concepts. The books are in alphabetical order and age levels are provided for each book.
A Bargain For Frances by Russell Hoban. HarperCollins, 1970. Age 5 and up. Frances saves and saves for a china tea set. Her friend Thelma tricks her into buying an old plastic tea set. Thelma says there are no “backsies” on the bargain. Frances finds a way to get what she really wants. Continue reading “Teaching Children Finances – Children’s Books about Money” »
Teaching Children Finances – www.kids.gov
Here are a collection of links provided by www.kids.gov that are focused on teaching America’s youth everything from the history of money and how it is made to how to invest it and save.
Continue reading “Teaching Children Finances – www.kids.gov” »
Teaching Children Finances – Budgeting Worksheet for Children
Budgeting is a valuable lesson that we can teach our children at an early age.
We can begin by creating an allowance and helping teach money management values through various hands on examples.
MoneyandStuff.info is self described on their website as a free financial resource from the financial experts at Ohio’s Credit Unions.
They’ve created a budgeting worksheet for children, as well as teens and adults. You can view and download the ‘Sample Monthly Budget for Kids’ by Clicking Here.
The worksheet is simple and helps a child identify what their ‘wants’ are and what is needed to reach their goal. The worksheet also asks the child to identify why they want something, which can lead to critical thinking such as ‘Is this worth it to me?’ Continue reading “Teaching Children Finances – Budgeting Worksheet for Children” »
Teaching Children Finances – Jump$tart Coalition
The Jump$tart Coalition is self described on it’s website as a national coalition of organizations dedicated to improving the financial literacy of pre-kindergarten through college-age youth by providing advocacy, research, standards and educational resources. Jump$tart strives to prepare youth for life-long successful financial decision-making. Continue reading “Teaching Children Finances – Jump$tart Coalition” »
Teaching Children Finances – School House Rock! (Money Rock)
School House Rock, for those of us who might not remember, was an animated series of educational messages about various topics ranging from Multiplication Rock to Computer Rock and has spanned four decades on television beginning in 1972 and ended in 2000. Continue reading “Teaching Children Finances – School House Rock! (Money Rock)” »
Teaching Children Finances – Visa’s Financial Football
Visa has created an NFL themed game that teaches children the basics of budgeting and other money management skills. It’s a fun and engaging way for young sports enthusiasts to lead their favorite teams to victory while learning core skills in household finances that will help them achieve financially sound futures. Continue reading “Teaching Children Finances – Visa’s Financial Football” »