Handling Credit Our kids are growing up in the age of credit, when knowing how to manage debt is as important as being able to balance a checkbook. Sadly, many kids may not have the skills they need to make good financial choices. Today’s college graduates carry debts that are double those of a generation […]
Why Give Kids Part- Time Jobs? Part-Time jobs have been proven to increase a teen’s financial literacy, so it’s a good idea to encourage a job that will not interfere with education while still providing them with a means of earning money that is all their own. If your kid has solid grades and isn’t
A financial Trip to the Bank With Your Kid A part of your financial education training should include the benefits of banking. They would love the idea of having their own bank account just like their parents do. Kids need to understand how banking works, so go with them as early as possible to get
Shopping with Kids One of the things that is hard to avoid in life is shopping. Whether shopping in-store, by phone, through mail, or via the internet, we all at some point in our lives shop. Some enjoy shopping, while on the other hand there are many who do not prefer to. Shopping is one
Budgeting with Your Kids Budgeting can be boring and tedious, but it’s something that creates wealth and pays off down the road. So how do you get kids excited about it? How can you add a little glamour to something so dull and boring? Easy – make it a game with payoffs. If you have
Children should learn how to save to avoid creation of a financially drained generation. If a kid begins by saving several pennies weekly, he will accumulate lots of money during his whole working life of thirty years. If this cash is saved in a bank for all those years, it accumulates a huge interest. Guardians
What is Financial Literacy? Financial literacy is a topic that has been neglected by governments, schools, and parents alike and is only now starting to be embraced in recent years due to the sad economic state in most countries around the world. What is financial literacy? Investopedia defines financial literacy as the capacity to comprehend
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