The Best Way To Teach Kids About Money
The Wall Street Journal (New York, New York)
,
July 16, 2006
Summary:
If you want to teach your children about money, forget the lectures -- and focus on telling stories.
The goal: to pass along your financial values by relaying family stories that illustrate the money lessons you think are most important.
Does this really work? It sure has in my family.
I have two older brothers and a younger sister. My brothers run a landscaping business together. My sister is a nurse. In many ways, we're quite different.
Yet we share a common trait: We are all incredibly careful about money. And we grew up hearing about the financial missteps of my maternal grandfather.
Subjects Covered:
business, education
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