Teaching Children About Money
Approx. time: 30 seconds
Do your children understand the value of a dollar? Learning how to managing money early is a lesson that comes in handy throughout their lives, according to the Michigan Association of CPAs. The CPA profession has created several tools that you can use to teach your children to spend wisely. The 360 Degrees of Financial Literacy program, for example, contains a wealth of resources that you introduce your child to smart spending habits. To learn more, go to www.360financialliteracy.org.
Young adults who are just beginning their careers can benefit from the CPA profession’s Feed the Pig campaign. Turn to www.feedthepig.org for articles, podcasts, tools and tips designed to keep young earners on track and help them build a sound financial future.
Have more questions about your family’s financial situation? Your local CPA can help. Turn to him or her for advice on introducing financial issues to your children and with all your questions on the best ways to manage your money.
