How to Teach Our Children About Money

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How to Teach Our Children About Money – This is a place for the community to provide tips and advice on How to Teach Our Children About Money. This topic was created by Nisith Naik and the tips are provided by the community. The tips you add here can be your own or referred from another site. The best tips are then ranked at the top when up-voted by members of the community.

Tip 1 - Teaching Kids About Money: An Age-by-Age Guide

Published: 9 years, 4 month(s) ago | Submitted by Renato Ampuero | permalink

Age-by-age activities for teaching your child about money.

For further reading: http://www.parents.com/parenting/money/family-finances/teaching-kids-about-money-an-age-by-age-guide/ ^[1]

Tip 2 - The Smart Way to Teach Children About Money

Published: 9 years, 4 month(s) ago | Submitted by Gary Lynn | permalink

Many parents and schools take exactly the wrong approach, research suggests. Here’s how to do it right.
Tags: financial education,kids and money,math,money lessons,teaching children about money,political,general news,education,personal finance,school,banking,financial investments,credit,financial services,investing,securities,private banking,wealth management

For further reading: http://www.wsj.com/articles/the-smart-way-to-teach-children-about-money-1422849602 ^[2]

Tip 3 - What should we teach our children about money?

Published: 9 years, 4 month(s) ago | Submitted by caveman 83 | permalink

I struggle with the idea of the value of money, especially when so much of it supposedly disappeared after the crisis in 2008
Tags: Parents and parenting,Money,Children,Family,Life and style

For further reading: http://www.theguardian.com/lifeandstyle/2014/dec/05/what-should-we-teach-our-children-about-money ^[3]

Tip 4 - The 5 Most Important Money Lessons To Teach Your Kids

Published: 9 years, 4 month(s) ago | Submitted by Bruce Whiting | permalink

Children at age 3 understand concepts like saving and spending, and a person's money habits are formed by age 7. Here are essential money lessons for every age.
Tags: ForbesWoman,Investing,personal finance,Powering Productivity,Retirement,Beth Kobliner,budget,children,debt,kids,Money As You Grow,money lessons,parenting,savings,teaching your kids about money

For further reading: http://www.forbes.com/sites/laurashin/2013/10/15/the-5-most-important-money-lessons-to-teach-your-kids/ ^[4]

Tip 5 - Why Should We Teach Our Kids About Money?

Published: 9 years, 4 month(s) ago | Submitted by Paolo Gesmundo | permalink

When your kids leave home, they need to know how to handle the financial challenges and temptations they'll face. Learn about this powerful tool you can use to help teach them now!

For further reading: http://www.daveramsey.com/blog/why-should-we-teach-our-kids-about-money/ ^[5]