Where We Live: Financial Literacy And Connecticut's Kids
What problems are kids facing, and how are they being addressed?
We’re struggling to get out of a recession, caused in part by borrowing way too much. So, if grown-ups can’t manage their money – how should we expect kids to?
Many financial experts say that children aren’t learning the right lessons about how to handle their money. Here’s an example: A recent study finds that today’s parents are “incredibly lenient” about handing their children extra money – you know, that 20 dollars to go see a movie, over and above their allowance.
It seems that kids are learning more about immediate gratification than budgeting their dollars, or having any sort of financial discipline. And it’s hard for a parent who’s racked up thousands in credit card bills to make a case for living within one’s means.
Today we tackle financial literacy for kids. We’ll talk with experts in the field – and get your take - to find out what works, and what doesn't.
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Today we have a lot of
Today we have a lot of options when it comes to ways of making money online. People should be educated towards this kind of behavior and maybe that way, people would start becoming more independent, financially speaking of course.
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