June 9

What are good ways to teach kids about finances?

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What are good ways to teach kids about finances?


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  1. I was impressed the other day when my 6 year old son asked me how you win money in the stock market. I’m not sure he understood all the details but i was impressed.

  2. Easiest way to teach about taxes….

    Take them tricking-or-treating on Halloween. Make them walk up to each house alone until their feet hurt but don’t let them eat any of it.

    When you get home pile it all up in front of them. Then, having done none of the work yourself, take 30%-50% of the candy for yourself

    Bonus: to teach them about socialism, take another cut of the remaining candy and give it to the brother or sister they always fight with (that didn’t work for any of it)

    Hope it helps.

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