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3 Simple Ways to Help Teach Your Children About Personal Finance
trilogy01
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3-25-2009 2:42 AM
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personal finace
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family
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/2f725853-e741-4dad-a53a-522d242e74aa/DF57287A-DD55-4134-89AD-05A0779126CB/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://moneytheory.com/3-simple-ways-to-help-teach-your-children-about-personal-finance/" href="http://moneytheory.com/3-simple-ways-to-help-teach-your-children-about-personal-finance/" style="font-size: 11px;">moneytheory.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://moneytheory.com/3-simple-ways-to-help-teach-your-children-about-personal-finance/"><H2><A title="Permanent Link to 3 Simple Ways to Help Teach Your Children About Personal Finance" href="http://moneytheory.com/3-simple-ways-to-help-teach-your-children-about-personal-finance/" rel="bookmark">3 Simple Ways to Help Teach Your Children About Personal Finance</A></H2></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://moneytheory.com/3-simple-ways-to-help-teach-your-children-about-personal-finance/"><div align="center"><img src="http://content6.clipmarks.com/blog_cache/moneytheory.com/img/87EE04E4-8515-40F6-80AA-1761BD311F85" alt="earning-an-allowance" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://moneytheory.com/3-simple-ways-to-help-teach-your-children-about-personal-finance/"><P>Simply put, it’s never too early to start teaching your children about personal finance. In my opinion, this is one area that is sorely overlooked in the curriculum at most schools, so it’s totally left up to the parents to make sure that their children are well-versed in this area before they enter the work world and start making income of their own.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://moneytheory.com/3-simple-ways-to-help-teach-your-children-about-personal-finance/"><P><STRONG>Start small.</STRONG> Of course you will be able to determine at what age you feel will be best to start giving your children a regular allowance, but whatever that may be, I suggest starting small, and to work up from there as they get older. You don’t want to start shelling out twenty-dollar bills when they are five-years-old, because they then may start off with a skewed value of money.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://moneytheory.com/3-simple-ways-to-help-teach-your-children-about-personal-finance/"><P><STRONG>Make the allowance be preceded by required household chores.</STRONG> Don’t just start handing them over cash without them having to take on some sort of responsibility first.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/DF57287A-DD55-4134-89AD-05A0779126CB/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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