Good morning. In the first newsletter for my DVD, The Money Mammals: Saving Money Is Fun, I included some valuable information from the National PTA that I think bears repeating in my blog. Teaching your kids about money early is advocated by credit unions, banks, money experts and the National PTA. Below is what the latter has to say.
“Get started now:
1. As soon as children can count, introduce them to money. Take an active role in providing them with information. Observation and repetition are two important ways children learn.
2. Communicate with children as they grow about your values concerning money — how to save it, how to make it grow, and most importantly, how to spend it wisely.
3. Help children learn the differences between needs, wants, and wishes. This will prepare them for making good spending decisions in the future.”
-Brought to you by National PTA® by Paul Richard (from FamilyEducation.com)
Let me know what’s working for you to help teach your kids about money.