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When it comes to money and kids, a worry we all have as parents is, “will my child have a financially secure future?” After all, we all want the best for our children, and our child’s ‘financial freedom’ is certainly a future that most parents would wish for. But doesn’t it seem a bit strange... When it comes to formal education, the subject of money, seems to be ‘playing truant’ from the educational curriculum? Why is it that our children seem to receive all the Maths, Science and Language tools needed to give them a start in life, yet are never taught about finance, earning, investing, saving, borrowing or sound money management? If we are not careful our children will go from a ‘spoon fed’, home environment, where every need, whim and wish is catered for by us, to an environment where every need, whim and wish is catered for by credit. Children can easily go from ‘no money experience’, to a world of ‘have it now’, where every Bank and Store throw their ‘buy it now, pay later’ offer at them. It’s no wonder that so many young people wind up with huge debts, and when the cards, the over draughts and the loans dry up, well we’ve all seen what happens then “Crunch!”
These basic life skills are down to you! But, when do you start? How old or how young should your child be to learn about money? Can you imagine the head start your preschooler would have if you place the same value on money and kids exercises, as you did on learning numbers, shapes and the ABC? Indeed, as children grow, exchanging a financial reward for behaviour, completing homework or helping around the house, gives your child a degree of financial independence to develop good money management skills. And, as your child reaches their teens encourage them to take a paper round or wash a few neighbours cars. But don’t stop there! Extend these lessons of reward into teaching your child about the benefits of saving, or even investing! To help you out the following pages have some great information for kids and money making ideas, jobs saving and investing, Just Click on the Links Below.
Jobs for kids Kids Making Money Ideas Kids and Investing Understanding Saving Jobs for Teens, A Good or Bad Thing Leave Money And Kids |
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