Listening to a radio show on NPR last week, I heard the mention of Money As You Grow, a site that helps parents teach children about money. I love how they break down the most important points into age group appropriate language.
The site has been developed by the President’s Advisory Council on Financial Capability and provides 20 essential, age-appropriate financial lessons—with corresponding activities—that kids need to know as they grow. Two thumbs up!
OMG – neato! :)
Jul 24th, 2012 / 12:40 pm
wow – under the 3-5 yrd olds, item #3 activities:
“Find three jars (or cans) and label one for
saving, one for spending, and one for sharing.”
awwww…my financial literacy loving heart, it is melted :)
Jul 24th, 2012 / 12:44 pm
This, in my opinion, is a very preachy website. Everything is written through the lens of what you’re “supposed” to do. But that way of thinking is exactly what got our parents in trouble, and why they’re still working and not hiring any young workers.
For example, it tells teenagers to save for retirement and to get familiar with 401(k)s. But by the time these teens are working, chances are they’ll be self-employed or freelance. The rules have changed.
My parents followed two simple rules: give me an allowance, but nothing else. Explain (and reveal) the household finances honestly, at a later age.
Jul 24th, 2012 / 12:46 pm
Can they extend the age up to 30? :)
Jul 24th, 2012 / 2:07 pm
Zzzzz. Just another tweaked WordPress template. Nothing remarkable or notable about this, frankly.
Jul 24th, 2012 / 3:33 pm
Cool and useful site, nicely designed.
Jul 24th, 2012 / 3:45 pm
Nice digestible format. But have admit my first thought when I read who developed the site and info was, “really – we’re going take financial advice from our government? Like they’ve done such a good job with our money” ha!
Jul 24th, 2012 / 5:44 pm
Thank goodness the government is here to help educate us stupid citizens how to save our money. What would we do with out them?
Where is the chart explaining how the government will tax the money you make, then tax it again when you buys something, and God forbid if you should inherit something…. that’s already been taxed once before.
Can I explain to my child how our tax money went towards creating this site?
Jul 25th, 2012 / 3:53 am
Maybe this should be prescribed reading for the bankers of USA and the movers and shakers of Wall Street, getting them to start right from the bottom? Just a thought from Down Under!
Jul 25th, 2012 / 6:57 am
This is exactly what takes americans to be how they are. All you care is about money. Teaching a 3 year-old child how is it that playing with a friend is “free” is simple lame. The “american dream” is truly a nightmare.
Jul 27th, 2012 / 1:11 pm
After going through the site, I have to agree with some of the comments above – rather friendly GUI, but the content is something that reminds me of micro-managing.
and @dellacroce – Yes, opportunity for greater individual liberty, control, and accumulation of money/wealth was one of several major reasons for the founding of the USA – so naturally it influences the culture. But, that culture probably isn’t for everyone and the culture does need evolve (i.e. implement lessons-learned, go through creative-destruction, etc.) in order to survive and become wiser – it should be noted, no nation of people have a flawless record on this…
Jul 31st, 2012 / 10:26 am