Financial Education for Kids

Posted: August 12, 2013 in Money Matters
Tags: , , , , , , , , , , , ,

Prevent financial illiteracy:  1.  “Our kids must know that they are not entitled to money or wealth…or anything for that matter, even Christmas presents.  They must earn money.”  2.  “Our children need to understand debt.  Debt is expensive.  If you abuse it, it will destroy you.  It robs you of your independence.”  3.  “Our kids need to learn the power of compound interest and the best way to harness it.  Compound interest is the most powerful force in finance.  And it’s mathematically guaranteed.” -Tom Dyson

Advertisements

Comments are closed.