Home
>
Parenting
>
Whos Teaching Your Child About Money?

Whos Teaching Your Child About Money?

Managing money is one of the most critical skills we must master to function effectively as adults. However, public school curricula rarely address this issue directly. Instead, teachers cover it as a side topic or as examples in math.

So, just who is responsible for this critical education?

WHO'S RESPONSIBLE?

PARENTS can teach "money" lessons as soon as their kids can count. Otherwise, your toddler may reach his own conclusions about "where money comes from." He may decide it does not grow on trees; instead, it comes from an ATM (Automated Teller Machine).

Does your child expect you to buy her all kinds of goodies every time you go shopping? Or have you created a "budget" (sometimes referred to as an allowance) for such items?

If your family suffers a crisis such as job loss, accident, or a natural disaster, will your older child understand the financial consequences? Or does he still think that the electricity fairy magically turns on the lights for free?

If you have not taught your teenager certain money lessons, his first paycheck may be a big surprise. After all, $8 per hour for 40 hours is $320 in your pocket, right?

WHAT WILL MY CHILD LEARN?

Toddlers, young children, teenagers, and young adults can gain an understanding of money suitable for their age group. And the younger they are, the simpler it is for a parent to start money coaching. You may find that you are such a talented teacher that your child opens her own profitable business and supports you!

Here's a sampling of some topics/exercises by age group:

TODDLERS

What is Money?

Counting Using Coins

Adding and Subtracting Using Coins

YOUNG CHILDREN

Supplementing What's Taught in School about Personal Finance

Making Change

When "Savings" at a Store Sale is Costing Money

TEENAGERS

Why You Can't Ignore Paying Taxes

Guessing the Dinner Bill and the Tip

Performing Work Around the House on a "Contract" Basis

YOUNG ADULTS

How Credit Cards Work

What is a 401(k)?

The Pitfalls of Borrowing and Lending Money

Use the Internet, children's books, books for parents, and your own knowledge to help raise independent, financially savvy children. The payoff comes when as young adults, they handle financial issues confidently based on prior knowledge and experience. At this point, you will understand what a powerful legacy you have left your children and their children.

Valerie Mills is a sales copywriter specializing in direct mail and web advertising. She has written sales letters, web pages, and brochures for the finance, self-help, and education areas. Using her background and experience as an educator and corporate trainer, Valerie has also written several articles and an ebook for parents titled "Practical Ways To Develop Your Child's Financial Intelligence" at http://www.booklocker.com/books/1822.html.
Contact at http://www.booklocker.com/books/1822.html

move in cleaning service Mundelein ..

In The News:

Cybersecurity experts warn about one of the largest credential compilations ever found, urging users to check "Have I Been Pwned" and change passwords immediately.

Quick iPhone and Android battery optimization techniques help your device stay powered all day by turning off hidden features that secretly drain power in the background.

Kodiak Driver autonomous truck achieves perfect 98 safety score, matching top human fleets in groundbreaking AI evaluation by Nauto's VERA system.

New 401k catch-up contribution rules in 2026 will change taxes for high earners over 50. Learn how scammers exploit these changes and protect your retirement savings.

Kurt Knutsson's guide covers social media privacy protection through location settings, account privacy controls and two-factor authentication to prevent scams and data breaches.

Revolutionary retinal implant restores central vision in 80% of patients with advanced macular degeneration, offering hope where treatments once only slowed blindness.

Learn how to use passkeys on Windows and Mac computers without cameras or fingerprint readers. Discover secure authentication methods that replace passwords.

Tesla's FSD v14.1.2 update reintroduces Mad Max mode, enabling higher speeds and more frequent lane changes than the standard Hurry profile setting.

A phishing email scam targeting American Express customers shows how cybercriminals use fake urgent messages to steal personal and financial information.

Facebook's new Meta AI feature analyzes your camera roll photos to create polished collages automatically, but requires cloud processing and raises privacy concerns.

A New Jersey teenager filed a major lawsuit against AI/Robotics Venture Strategy 3 Ltd. over ClothOff, an AI tool that created fake nude images from her social media photos.

Microsoft reports Storm-2657 cybercriminals sent phishing emails to 6,000 addresses at 25 universities to steal payroll credentials and redirect funds.

Astronomers have discovered asteroid 2025 SC79, a skyscraper-sized space rock orbiting the sun in just 128 days. the second-fastest known.

The Fox News AI Newsletter delivers the latest developments form the world of artificial intelligence, including the technology's challenges and opportunities.

A cyberattack on SimonMed Imaging exposed personal information of 1.2 million patients, including medical records, financial details and identity papers.

Spotify's managed accounts for kids under 13 now available in at least seven countries, allowing parents to filter and block explicit content and songs.

Friendly text conversations about BBQs and social events can lead to WEEX gold trading scams that target older adults with fake investment opportunities.

California company Skyeports creates self-healing glass spheres from Moon regolith that generate solar power and support plant growth for sustainable lunar living.

Cleafy researchers discover fake VPN streaming app Mobdro Pro that installs Klopatra banking Trojan, giving attackers full control over Android devices.

Police departments across the U.S. and Canada are adopting virtual reality training to better prepare officers for high-pressure, real-world situations.

House Bill 469 would prevent AI systems from owning property, serving as executives, or gaining legal personhood in Ohio under Representative Thaddeus Claggett's proposal.

Public voter records expose retirees' personal details to election scammers who create targeted cons using names, addresses, and voting history data.

Instead of fearing what comes next with artificial intelligence, think outside the box. Here are high-earning AI jobs that don't require a computer science degree.

OpenAI CEO Sam Altman says polite words like "please" and "thank you" cost millions annually, while direct prompts may improve ChatGPT accuracy by several points.

Chattee Chat and GiMe Chat exposed intimate conversations and photos, revealing users spent up to $18,000 on AI companions before the breach.

Whos Teaching Your Child About Money?

Parenting