Wednesday, July 16, 2014

Kids and Money

What's more important than teaching your child money management skills? Money management is not just giving them an allowance! In this age of information, our kids need more than we ever did.  Give your kids head start as they embark on their path of life long learning.

According the Associated Press, 1 in 10 teenagers is capable of making some key financial decisions.In the U.S., 1 in 6 did NOT reach the baseline for financial literacy. Our economy is changing so fast, that the idea  of working for one company  for 40 years or earning a pension are basically gone," Says Arne Duncan,
U. S. Secretary of Education.

Can your child recognize the purpose of an invoice or compare prices? Probably not. Massachusetts does NOT require a course in personal finance for high school students. Today is the day to start your child on the path to being financially savvy.

We can help teach them about assets, liabilities,  income statements , passive income, and more with CASHFLOW for KIDS.  Makes "cents" to me.

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