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Personal Finance Roundup of the Week: Kids and Money

By Allison Jones | Apr 06, 2010

Teaching kids about money can be one of the most important challenges a parent faces, but the life-long benefits that each child will capture is well worth the time and effort. Check out these posts from some of our favorite blogs on how to educate your kids about money (and what you can learn from them)!

Teaching Kids The Value of Money Management

Good Financial Cents

“No matter how you do it, teaching your child the value of money is imperative to their financial success. Give your child the tools they need to be become a financial champion!”

Parents Should Teach Kids Finances, Not Just Schools

Frugal Dad

“After watching story after story from this latest recession, it is clear to me that our national personal finance IQ is too low. Perhaps if we raised more financially savvy generations we could avoid many of the same mistakes.”

8 Effective Ways to Raise Frugal Kids

Man Vs. Debt

“How do we ensure that our values of a minimalist lifestyle and frugality are passed on through our children when mass media and the economic machine would love to have it otherwise? How can we support minimalism and frugality as values to be passed on through generations and not let them die out as the latest trend?”

The Power of Yes: Teaching Young Kids About Money and Choices

The Centsible Life

A grocery shopping trip inadvertently turns out to be a good way to teach kids about the value of money: “Its not unlimited, but it can be used to get the things you want. It also helped with teaching about delayed gratification and prioritizing.”

What Baby Sara Taught Me About Personal Finance

MoneyNing

“Many of the kids and money articles discuss how we can teach our children money matters, but lets turn the table this time. Since baby Saras birth a week ago, she already reminded me of many principles that you and I can both benefit from.”

Do you have any other ideas on how to teach kids about money? Have you learned any good money lessons from your kids? Share with us below!

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