7 Ways to Encourage Your Kids to Develop Good Money Habits
Filed under: Family Money, Personal Finance
A few weeks ago, I wrote about how low interest rates have made it difficult to convince any of my kids — especially my 9-year-old daughter — to open a savings account. While many of you agreed there’s a problem, some of you believe I’m misrepresenting what savings accounts are for.
“S” Is for Savings …
“You are right about [saving] being a good habit,” wrote reader demosphnes, “however the point of placing money in a bank saving account is to build up a pile of cash to meet your needs….
7 Ways to Encourage Your Kids to Develop Good Money Habits originally appeared on DailyFinance.com on 2012-09-01T06:00:00Z.
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