Wednesday, October 17, 2012

Money Mistakes Parents Make With Kids

Money Mistakes Parents Make With Kids, Teaching your kids about money isn't hard, but it takes more than a piggy bank. Teaching Your Kids About Money, At what age should you start to teach your kids about money and personal finance?

The truth is, it's never too early. These are critical skills that we all need, but they aren't a part of the curriculum at most schools which is why it is important for parents to instill good habits in their kids at home. CEO Alexa Von Tobel suggests starting a dialogue about family finances as early as the age of six. One of the best ways to facilitate hands on experience with money is by giving their kids a small allowance and encouraging them to save a portion of it every time.


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