6 Rules for Raising Money Smart Kids - PowerPoint PPT Presentation

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6 Rules for Raising Money Smart Kids

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When your children are very young, it is very important to tell them how to distinguish between different coins. Then give them a piggy, as it can be used to store money. In order to let the children go on the right route, consider making family rules. Also in their later ages they must save 10% or more of their income regardless of their source of income, it can be from weekly allowance or part-time work. Allowances allow children to experience money problems in real life, and let them practice how to save regularly. To know more visit here – PowerPoint PPT presentation

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Provided by: timconnolly
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Tags: kids | money | teaching

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Title: 6 Rules for Raising Money Smart Kids


1
6 Rules for Raising Money Smart Kids
  • Harness your parent power.
  • Take small steps to reap big rewards 3. Match
    the lessons to your child's age 4. Let kids
    manage money on their own 5. Think like a kid.
  • 6. Be straight with your children.
  • By giving kids a clear message and practicing
    what you preach, you can set any standard, teach
    any lesson, like you can spend time and
  • teach kids about money or you can pass along any
    value, whether it's saving for the future,
    giving to charity or, one of my favorites, saying
    thanks. A simple word thanks makes all the
    difference.
  • Source kiplinger.com
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