Financial Literacy

classic Classic list List threaded Threaded
1 message Options
Reply | Threaded
Open this post in threaded view
|

Financial Literacy

Amy Rochester
I believe money management is important for children of all ages. You can't start too young. The younger the child the more basic the concept. A 3yr old may earn a buck for raking leaves. Thus the door is open to talking about money. Opportunities to educate can arise in everyday conversations with youth. Most of them have part time jobs and you can insert nuggets of wisdom while conversing. For example, sharing the idea of tucking a percentage of their earnings away as a nest egg so they are prepared when unexpected expenses arise, like car trouble. Many erroneously think saving is for when you get older or if you want to purchase a costly item.