The 5 Most Important Money Lessons To Teach Your Kids

The 5 Most Important Money Lessons To Teach Your Kids

 

Given how important financial skills are to navigating life, it’s surprising that our schools don’t teach children about money.

As a parent, however, you can teach your child important financial lessons — and you should.

“Look at the mortgage crisis and how many families lost their homes — 3.9 million foreclosures. Look at the amount of money — $1.1 trillion—we owe in student loan debt. The amount — $845 billion — we owe in credit card debt. It’s pretty clear that adults don’t know much about money. To help the next generation avoid the mistakes of their elders, and to live financially fit lives, they need to be taught the essentials about money,” says Beth Kobliner, author of the New York Times bestseller Get a Financial Life, and a member of the President’s Advisory Council on Financial Capability who...(click here to continue reading)



Leave a comment

Comments will be approved before showing up.


Also in ThinkerNation - Blog

Are Siblings More Important Than Parents?

Read More

Learning Is Complex; What Do We Know So Far?

The science of learning, discovering how people learn, as opposed to the philosophy of learning and education that goes back to Egyptian times, can be sheeted back to around the tenth-century. However, it is only recently that advances in neuroscience and the capacity to investigate the functioning of the brain have really enabled us to see what happens when we learn. In the past ten years our understanding has risen exponentially.

Read More

How To Raise A Creative Kid

In a society that thrives on deadlines and productivity, it’s tough for many adults to embrace their creative sides. And for busy parents, it can be even more difficult to help foster their kids’ creativity between after-school activities, homework and regular life.

We spoke to a play expert, an art teacher and an early childhood specialist at a children’s museum to discuss the importance of creativity in kids’ lives. They offered tips on how even the busiest parent can easily encourage children to observe, explore and imagine.

Never underestimate the power of playtime.

Read More