Kids & Money

June 29, 2012

Check out these financial lessons organized by age

Parents want to know when allowances should be introduced, the right age to explain wants and needs and when to broach the dangers of credit cards. So it was a pleasant surprise to discover a new list — endorsed by a federal commission — of 20 age-appropriate financial lessons for children.

I get this question a lot from parents: What money skills are age appropriate for my children?

What they really want to know is when allowances should be introduced, or what’s a good age to explain wants and needs, or when should I broach the dangers of credit cards?

So it was a pleasant surprise to discover a new list — endorsed by a federal commission — of 20 age-appropriate financial lessons for children.

“Money As You Grow — 20 Things Kids Need to Know to Live Financially Smart Lives” can be found at

http://moneyasyougrow.org/" target="_blank">MoneyAsYouGrow.org

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