What is Financial Literacy Anyway?
You have heard the term. You know adults need to understand money. But what is financial literacy for kids?
Teaching Kids Everyday Money Skills
You have heard the term. You know adults need to understand money. But what is financial literacy for kids?
Recently, my husband and I were at our friends house for a hot summer evening visit on the patio and their 13 year old son offered us an ice cream bar to cool down.
To me, we lose a lot when we lose our cash… we lose a bit of our country’s identity. Cash is an artistic representation of all the things that make our country our country.
When it comes to money, I believe that sharing and encouraging your kids to be charitable makes them better money managers as well as better citizens. I give to people on the street when they ask as often as I can, especially when my kids are with me.
There are many obvious reasons why kids need a financial education. The most glaring being the lack of readiness for an emergency, little retirement preparation and the rising debt load for students.
It is a hot topic in educator boardrooms and at kitchen tables around the globe. Research shows that kids need to learn money skills… and early!