Have you ever wondered why today’s youth are facing an epidemic of financial illiteracy?
Before you blame the school system (I realize they don’t offer much about finances) you must look at where or how you learned about money.
Chances are you had family member who served as a role model. Or maybe you learned the hard way by making a lot of mistakes.
Regardless of how you learned, it’s important to show our kids how to handle money. Otherwise they’ll be victims of the unfair practices of today’s banking/investment world. And who wants their kids to become debt slaves?
The statistics showing financial illiteracy among kids today are staggering…even when it comes to knowing the basics.
Just ask a kid if they know how to balance a checkbook.
They’ll likely look at you and say, “Checkbook? What’s that?”
When you explain it to them they’ll shrug their shoulders and say something like, “Oh, I use my debit card to buy whatever I want.”
Therein lies the problem.
Today’s kids don’t think they need to know all the old fashion stuff that we learned because it’s, well, “Old Fashion.”
At Financialsmatter.com we’ve taken a stand against financial illiteracy and feature a column Kids Need Financial Advice Too, in our newsletter.
Every month we give you easy to understand examples of basic money management that apply to everyday activities. And we show you how to make it fun for your kids to learn.
More importantly, we make it simple to understand for kids from ages 5-25.
Give your kids the tools to survive in an unfriendly world and they’ll pass them on for generations.
Who wouldn’t want that?
Go (HERE) now.
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