A useful new government website has just gone live, offering easy teaching points for parents who want to help their kids grow up knowing a thing or two about compound interest and 19 other key financial concepts.
Budgets
Maybe the Slackers Who Never Set a Budget Know Something
A new study questions the long-accepted wisdom of setting a budget and sticking to it. The purpose of establishing a budget is to rein in one’s spending, but under certain circumstances, setting a budget does the opposite — and …
What Teens Worry About: Drugs, Sex and … Future Salaries?
A bunch of new surveys about teens and money all point one direction: The kids are learning less and feeling terrible about it. Where is the adult supervision?
Money Milestones: What Kids Should Know About Money and When
President Obama and his top financial advisers in November were handed a blueprint for what kids at certain ages should be expected to know about money. The document is still a work in progress. But it’s far enough along to …