Setting goals for each of the money choices is key to feeling a sense of accomplishment for anyone at any age. But this is especially evident in young children. Continue reading
Wall Street Journal reporter Terry Cullen was a recent guest on CNN/Open House where she talked about the Money Savvy Pig bank as an excellent way to help teach kids about saving money. She offers some excellent tips for parents in this video segment.
A reader wrote to say she had come up with a creative way to teach her 5- and 6-year-old how much things costs. She gave them a fake dollar each time they were good and created a store at home where her children could use the fake dollars to buy toys. Continue reading
