Summer Money Lessons for Kids
July 24, 2012
There's never been a better time to talk to your kids about money. Before the summer comes to an end and your children gear up to return to school, take time to share some financial insight. The best financial lessons are part of everyday experiences. Look for opportunities to talk about money, read books aloud and play games that center around spending money wisely. Be open and honest when you discuss your financial experiences -- good or bad. Here are some examples of teachable moments to help you get started:
At the bank: When you go to the bank, bring your children with you and show them how transactions work. Ask the manager to explain how the bank operates, how money generates interest and how an ATM works. Ask for a tour, and be sure to ask to see the vault.
