Comments on: 6 Ways to Increase Your Kids’ Financial Intelligence

By: Chicago Financial Advisors » Blog Archive » 6 Ways to Increase Your Kids’ Financial Intelligence

Fri, 12 Dec 2008 16:14:43 +0000

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By: Sam from DebtCC

Sam from DebtCC — Thu, 06 Nov 2008 11:08:36 +0000

Pretty good tips. Thanks for sharing. I would definitely have these in mind the next time I give some financial advice to youngsters.

Not managing one’s finances well often leads to rising debts and it has been seen that the burden of debt, especially in youngsters, leads to extra stress.

As they say, “prevention is better than cure”

God bless

By: carla

carla — Sat, 01 Nov 2008 09:04:05 +0000

Good tips. Its really advisable for the kids to open their eyes and mind on the financial world. Let them learn to save and give importance to each money they spent. Teach them early so they will implement this and understand as they grow.

By: Financial IQ

Financial IQ — Sun, 29 Jun 2008 09:15:27 +0000

Great post. I especially liked the part “Be open with grown up expenses”.

It’s amazing how much and how fast our children can learn when we share with them real-world examples and case studies.

Personally, I let my children manage a small portion of the family expenses and they’ve done very well with it. I think the key is to give them some responsibility to apply their new-found knowledge.

By: Paul "The Credit Card Debt" Expert

Paul "The Credit Card Debt" Expert — Mon, 16 Jun 2008 22:23:25 +0000

I agree with the comment above. Money is important, but emphasizing too early will lead to materialism. Once a child has a job, teaching them how to budget and manage their finances is an important step.

By: Nouveau Riche University

Nouveau Riche University — Thu, 01 May 2008 16:21:26 +0000

Teaching your kid the value of money is for sure something that needs to be done, but take care because this “mission” does not need to start at a very early age because it could irreversibly damage your kid’s system of values.

By: Jane Doe

Jane Doe — Sun, 27 Apr 2008 14:04:40 +0000

I am glad that many people understand and share my concern for the financial education of my children. Nowadays the children have to know the value of the money and the value of the things that they can buy or recieve.

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Give Your Graduate the Gift of a Financial Education - FinancialDominance.com — Thu, 30 Aug 2007 02:55:42 +0000

[...] you haven’t already, take a look at my article on 6 ways to increase your kids’ financial intelligence. It has a few tips on what to do BEFORE graduation, so your child will hopefully be interested in [...]

By: Jenny

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