Comments on: Teaching Kids About Money http://moneysmartlife.com/teaching-kids-about-money/ Money Tips for a Better Life Sat, 21 Nov 2009 13:21:41 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Stephanie Peacocke http://moneysmartlife.com/teaching-kids-about-money/comment-page-1/#comment-153076 Stephanie Peacocke Thu, 25 Jun 2009 05:30:02 +0000 http://moneysmartlife.com/?p=1658#comment-153076 Further I would encourage kids to make money rather than being given it. Making money builds confidence and gives a child a real example of creating change in their own lives. Further I would encourage kids to make money rather than being given it. Making money builds confidence and gives a child a real example of creating change in their own lives.

]]> By: Stephanie Peacocke http://moneysmartlife.com/teaching-kids-about-money/comment-page-1/#comment-153075 Stephanie Peacocke Thu, 25 Jun 2009 05:27:14 +0000 http://moneysmartlife.com/?p=1658#comment-153075 What a great artical! yes Kids are like sponges, they are watching and learning. so do be open with them. Your actions are the greatest teachers... What a great artical! yes Kids are like sponges, they are watching and learning. so do be open with them.

Your actions are the greatest teachers…

]]> By: AnneTMeyers http://moneysmartlife.com/teaching-kids-about-money/comment-page-1/#comment-150119 AnneTMeyers Fri, 29 May 2009 16:38:20 +0000 http://moneysmartlife.com/?p=1658#comment-150119 All good advice. One of the things that happens, though, when you start talking openly with your kids about your investments: One day they ask you how much you make. Do you tell them, or not? Their friends will end up knowing, among other things. There are big tradeoffs, no matter what your decision is. As a college professor and journalist who specializes in teaching kids about money management, I do think it's a decision you should make before they ask. Nothing worse than sitting there, stumbling over an answer. My blog, AskAnne, has a post about this subject, and the pros and cons of telling kids how much you earn. http://www.giveme20.com/blog/2009/03/do-i-dare-tell-my-kids-how-much-money-i-earn/ --Anne All good advice. One of the things that happens, though, when you start talking openly with your kids about your investments: One day they ask you how much you make.

Do you tell them, or not? Their friends will end up knowing, among other things. There are big tradeoffs, no matter what your decision is.

As a college professor and journalist who specializes in teaching kids about money management, I do think it’s a decision you should make before they ask. Nothing worse than sitting there, stumbling over an answer.
My blog, AskAnne, has a post about this subject, and the pros and cons of telling kids how much you earn.

http://www.giveme20.com/blog/2009/03/do-i-dare-tell-my-kids-how-much-money-i-earn/

–Anne

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