(photophonic, via Flickr)
Marketplace Money is exploring the many approaches parents take to educating their kids about the value — and the risks — of money. To help us with this reporting project, tell us how YOU do it.
What works and what doesn’t? What questions do you have? What could you teach other parents about what kids need to know — and what can we help you learn? Share your experience here.
So far, Public Insight Network sources have told us about their use of various strategies…including adjusting allowances for inflation, using three piggy banks to get kids used to saving, spending and sharing their money, and even taxing allowances! (I’m sure glad my parents weren’t on board with that last one when I was growing up, let me tell you.)
Click here to share your experiences teaching kids about money with Marketplace Money.
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