Teaching Kids About Money
Money does grow on trees - Have you ever wondered what the difference is between the people who have money and the people who do not? Why is it that one of your friends family (or maybe it's yours) has money and another one of your friends family (maybe this one is yours) does not?
The answer may be in a great job, or maybe your grandparents or great grandparents had money and your family inherited it. Maybe it was from the lottery or maybe it is from a business.
Money does not care who you are, what your name is, what color your skin is, what religion you are. The only thing money cares about is that you're a good manager of it. If you are, it will want to stay. Not only will it want to stay, it will invite all it's friends to stay as well. Then the friends will invite their friends and their friends until you are managing tons of money. On the other hand, if you are not a good money manager, your money will get bored and leave.
So where do you get the information you need to become a good money manager? Well, that's a great question that has a great answer. There are lots of books written on the subject but the one I'd recommend the most is Money Does Grow On Trees.
This book was written by two people who have dedicated their lives to teaching kids and adults how to become financially independent as a major aspect to creating the live of their dreams. The books full title is Money Does Grow On Trees - kids, learn how to earn, spend, save and invest your money. It is a full and complete guide to teaching the kids first one money is and where it came from. It then teachers kids how to earn, spend, save and ultimately invest money so that they can become the type of money manager that money will be taken to.
It will teach kids exactly what they need to do to plant their own money tree, make sure it gets the care it needs and watch it grow.
