The Secret Millionaire's Club » teaching

Financial Peace Jr.: Teaching Kids About Money! : Cool Tools for Training Tomorrow’s Millionaires!

admin — Tue, 13 Apr 2010 23:21:50 +0000


Your job as a parent is not just to keep your child happy. You're raising a future grown-up who needs to be able to deal with grown-up matters. Teach your children how to handle money while they are y

Millionaire Babies or Bankrupt Brats: Love and Logic Solutions to Teaching Kids About Money

admin — Sun, 21 Mar 2010 20:18:45 +0000

The No-Cash Allowance: A Practical Guide for Teaching Your Children How to Manage Money (Mom’s Choice Award Recipient)

admin — Thu, 11 Mar 2010 13:57:56 +0000

The No-Cash Allowance provides a real-life, hands-on financial experience that kids will not get in school. Lynne Finch, award-winning writer and author, gives parents an easy-to-use method for kids to develop money management skills. She shows parents how to help kids learn to make financial choices that will help them become financially independent when they become adults.In today's economic climate with financial bailouts and stimulus plans, it is even more important for our kids to grow up to be financially independent as adults. Kids who learn to manage money will be able to survive in an uncertain financial future. Parents who help their kids learn financial literacy and competency through hand's-on practice at home will not need to bailout their kids when they become adults, thus protecting the parent s own savings and retirement funds. Charts, tables and illustrations show how children can track all their money in their account initially kept in the home with parents acting as bankers. Children from pre-school through high school can practice concepts of debit cards, ATMs, electronic transfers and credit transactions using their own money. Examples of dialogue between parent and child create a picture of real-life situations.

Teaching kids about family finances.(Money): An article from: Daughters

admin — Tue, 02 Mar 2010 14:23:39 +0000

This digital document is an article from Daughters, published by Dads & Daughters on September 1, 2004. The length of the article is 720 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.Citation DetailsTitle: Teaching kids about family finances.(Money)Author: Ingrid CasePublication: Daughters (Newsletter)Date: September 1, 2004Publisher: Dads & DaughtersVolume: 9 Issue: 5 Page: 5(3)Distributed by Thomson Gale

Kids, Parents & Money: Teaching Personal Finance from Piggy Bank to Prom

admin — Tue, 16 Feb 2010 02:54:52 +0000

Even if they don't agree on anything else, most parents will concede that financial responsibility is a vital part of every child's education. Former stockbroker Willard Stawski II, father of five and president of a company that produces fiscal-literacy tools for youngsters, believes such behavior ultimately stems from the way a family sets priorities and communicates lessons regarding them. He also contends financial literacy is a key component in everything from enhanced self-esteem to successful interpersonal relationships. In Kids, Parents & Money, Stawski outlines a step-by-step program that can be used to teach proper earning, saving, and spending habits and tie them all together. Starting with development of a team mission statement and financial plan, he addresses age-appropriate goals and conduct--"From about age four, children start to comprehend material value," he writes, and that's when they "also must be shown the offsetting financial principles that govern the material world"--along with allowances, suitable remuneration for work around the home, budgeting, record keeping, and even investing. Clearly defined chapters focus on a specific topic and conclude with simple exercises that reinforce its principles. A related Web site contains interactive materials that also can be used to aid the process. --Howard Rothman