Thursday, November 15, 2007

What To Tell Your Kids About Money ? The 7 Essential Lessons

If I had a dollar for every time I have been asked by a parent what to tell your kids about money, I?d be a millionaire. There are many different aspects of money management you can & should tell your children about. Here I will share with you what I believe are seven of the most important principles
1. Money can be exchanged for goods or services.
This is one of the first few lessons you should teach your child once they are old enough to understand ? usually around the age of 3 years. Next time you go down to the corner store to buy one or two items, let your child hand the money to the cashier. By doing so, they will gain a greater appreciation of the concept of being able to exchange money for things you want or need.
2. One should be careful with View the rest of this article


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