Teach Concepts of Finance and Savings to Kids
Many of us ignore the importance of teaching ideas and concepts of
personal finance to our kids but it is a crucial part of their
development and growing up as a responsible individual. If they
cannot manage their personal savings and planning for their future,
just a good education may land them on a good job but they may fail
to utilize that advantage of having a good job.
There is no hurry, of course. But you may slowly start ...
probably as they enter Middle School.
The following websites may assist you in your endeavor:
http://www.kidsbank.com/ for Credit Record, FICO score, Insurance etc
http://www.moonjar.com/ for FICO score, Mutual Fund concepts
http://www.richkidsmartkid.com/ for Savings, CD, Credit Record
posted by Igloo @ 1:22 AM
1 Comments:
These concepts used to be taught in schools, you know, until all focus went on to math and science to prep kids for tests.
It is sad that parents have to take this into their own hands, but necessary, Keep up the good work.
-eric Revolutionary
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