Teaching kids about managing money at a young age can lay a solid foundation for their financial future. Schools rarely find the time to teach younger children to save money and the value of sound personal finance. As a parent, that responsibility lies solely with you.Read Full Story
It’s a simple fact: Parents do not like talking to their kids about money. In fact, over 60 percent of parents surveyed said they would rather talk to their kids about sex than about money. This could be why so many of those children turned into adults that don’t know how to handle a credit card, which is why this country is $793 billion in credit card debt.Read Full Story
Two of the biggest difficulties for parents are saving enough money for their child’s college education and teaching their kids about saving money. In fact, 69 percent of parents say that they are less prepared to talk to their kids about money than they are to talk to them about sex.Read Full Story
It’s never too early to start saving. Opening a bank or other investment account for your child can be a great way to help her save for the future while teaching the importance of being financially responsible.Read Full Story
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