Leverage Black Friday to Deliver Financial Education Lessons Parents are busy and often forget to teach their kids about money. But the consequences of not teaching our children personal finance lessons before they leave home can be devastating. Examples of such consequences appear in the media every day: bankruptcies, foreclosures, and crushing personal debt are [...]
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So far Jennifer F. Lee has created 17 blog entries.
Even the Simplest Lessons Can Give Kids Real-world Financial Skills Parents often agonize over how to teach their children about money. Some parents lack confidence in their own money knowledge, while others feel their financial literacy teaching skills are inadequate. Yet children are exposed to money – and decisions about how it’s spent – every [...]
Teaching Children Personal Finance: Delayed Gratification Works Financial professionals often take on the role of educator, providing ideas and information and helping clients apply them to life choices. For clients who are parents, financial planners also may offer suggestions for teaching their children about money. Besides setting a good example, what are the most effective [...]
Real-life Context Helps Kids Grasp Money Concepts Most financial experts will concur that financial education should begin at home, taught by parents to their children starting at an early age and ongoing through young adulthood. But what are the best ways for parents to help their kids gain money smarts? In the following article, several [...]
Most Parents NOT Qualified to Teach Kids Financial Education, According to Some Experts When the National Financial Educators Council recently asked a panel of financial professionals whether they thought parents should be responsible to teach their children key money management lessons, they received some surprising answers. Although the majority of respondents were in favor of [...]