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Children’s Financial Literacy – 5 Smart Tips

2018-06-09T11:12:05+00:00

19 FEB,2018 Parents today have survived their fair share of economic crises: the Great Recession, the dot-com bubble and the various oil shocks during the Reagan and Carter years, just to name a few. Years of experience teaches us the importance of financial literacy, but what about the next generation of Americans who are facing financial independence for the first time? Good parents want the best for the children, which means making sure they grow up knowing how to handle their personal finances properly. Try one of these five smart techniques when you decide to start teaching your [...]

Children’s Financial Literacy – 5 Smart Tips 2018-06-09T11:12:05+00:00

5 Steps Toward Raising Financially Kids Saving

2018-06-09T10:52:37+00:00

Here are five actionable tips to start your child’s financial education early and strong: 1. Open a Bank Account Helping your child open their first bank account is an exciting event for a child. It affords you as the parent an opportunity to initiate money conversations, help them learn how the banking system works and perhaps more importantly—the power of saving. As an example, my local credit union does a great job with the super savers program. Kids get stamps each time they make a deposit and after collecting five stamps they earn a prize. This simple exercise encourages them to save while [...]

5 Steps Toward Raising Financially Kids Saving 2018-06-09T10:52:37+00:00

5 Things to Teach Your Kids about Money

2018-06-09T10:50:51+00:00

We live in an economy that depends on capitalism, and we are the consumers powering our own economy. The rational side of us knows it’s critically important for our children to learn the basics of saving, investing and spending money, yet we still manage to raise kids who sometimes don't understand how to thrive in our economy. No parent wants to toss their children into the water and hope they’ll figure out how to swim. But when it comes to money, plenty of young adults can’t keep their heads above water. They could have learned that at home; many American adults don’t [...]

5 Things to Teach Your Kids about Money 2018-06-09T10:50:51+00:00

5 Ways To Teach Kids About Investing

2018-06-09T10:46:29+00:00

Offering lessons about investing to your child at a young age makes it a familiar concept and regular part of life, instead of something scary that they won't want or know how to deal with in their later years. There are as many ways to help your kids become comfortable with the idea of investing as there are G.I. Joe figures and Barbie dolls to buy, but here are a few ideas to get you started. No.1 - Teach Kids to Save If you don't save first, you won't have any money to invest. What's more, as an adult, you know that you [...]

5 Ways To Teach Kids About Investing 2018-06-09T10:46:29+00:00