Tag Archives: teaching kids about money

Ways to Help Your Child Understand Business

Do your children understand the value of a dollar? Many kids do not. There are things that parents can do to help their children, and teenagers, to get a basic grasp of money. They can also learn a little bit about business. Forbes has a really interesting article titled “13 Ways to Help Your Children Understand Business”. It was written by Dan Matthews, and posted on May 30, 2014. He gathered tips that will help parents to encourage their kids to become interested in finance and business. Each tip came from someone who is involved in business. One of those … Continue reading →

Parent Bank

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Once your kids are old enough to write, you may want to consider the idea of opening up a local parent bank. What is a parent bank you say? Well, it is a fun and informative way to teach kids about money and the banking process, as well as curbing the “impulse buy.” Often kids feel money just burns a hole in their pockets. When the day comes they finally get some, they can’t wait to get out and spend. It doesn’t really even matter what they are buying, they just want to spend. Sound familiar? This is a common … Continue reading →