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Teach Kids About Money Management

Teach Kids About Money Management

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Published by J.A.Morgan

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Published by: J.A.Morgan on Feb 01, 2010
Copyright:Attribution Non-commercial


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Teach Kids aboutMoney Management
It's a Great Investment in TheirFuture
Compiled by:
Table of Contents
Help Me Teach My Kids about Money ManagementHelp My Child Create a Spending PlanWorksheet: Spending PlanHelp My Kids Stick to a BudgetHold a Family Summit on Financial Literacy and Family BudgetingWorksheet: Financial Responsibility and Family Budgeting InventoryIs My Kid Smart about Money?Am I Smart about Money? 
www.EduGuide.org2 ONLINE EDUGUIDE
Teach Kids about Money Management
It's a Great Investment in Their Future
Do I need this EduGuide?
Yes, if you want to teach your children how to manage money and become financially responsible. Read on for information aboutfinancial personality, practical money skills, teen money management, budgeting for teens, and allowances for kids.
How does it work?
help you know where you stand.
give you the background information you need to make a decision.
“Money Talks: My Money Personality.” 
Real Life Stories
tell the actual experiences of real parents and real kids.
help you take immediate action. Choose one or go through them all.
What will I learn?
How much my child knows about handling money
How to teach my child financial responsibility
How to hold a family summit on financial responsibility
How much financial responsibility my teen should have
Quick Solutions
What can I do in fifteen minutes? Take the “Is My Kid Smart about Money?” or ask my child to take the “Am I Smart about Money?” quiz.
What can I do in an hour? Discuss the answers to the quizzes with your teen (go to a coffee shop or library so there are nodistractions). Read“Money Talks: My Money Personality”with your teen to see whether and how your personality types differ.Help your teen prioritize his or her list of wants and needs and determine how to achieve these goals. Brainstorm your own tenways to save and lose money with your teen.
What can I do in a week?Plan and hold a Family Financial Summit. 
www.EduGuide.org3 ONLINE EDUGUIDE

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