How to Teach Kids About Money

Should you force your child to save? You should if you want to teach them fiscal responsibility say the experts.

Just seeing you handling money responsibly isn't enough to teach kids how to handle it themselves. By making them save a portion of every allowance or money they receive, you teach them a lesson about finances and also build a good savings for them that they can use when they go to college.

That concept and other ideas, including how to introduce your children to credit cards is covered in this article, where experts in personal finance discuss ways to make your kids more aware of the right ways to handle money.

It's good reading and full of good, solid advice. I recommend it.