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Speak with financial gurus for facts on how to make your child money savvy. How young should they be to have their own created job? Should they receive an allowance? Tips on teaching them to save this money or invest it and use it wisely. Should they be allowed to save their lunch money instead of eating with it? (Is this dangerous to their health?) Rewarding with money. How young should they be taught to use coupons? When should they have their first checking account or savings account? How about a Christmas club at the bank? What's the best way(s) to teach children the value of a dollar. Do we live by our own examples? Should your kid run around with a piggy bank asking for money to every visitor to your house?
|Jennifer Mathes, Ph.D.|