If there’s a child in your life that you would like to teach about money, a recent MarketWatch.com article offered up some good resources. It mentioned a downloadable computer program from Kidnexions. Priced at $29.95 and designed for kids ages 6 and up, the program helps kids keep track of their money, save toward a goal, learn about interest, and more. The article also highlighted the many money board games available from EducationalLearningGames.com.
Our kids are still very young so they’re in that nice, innocent phase of having little interest in brands or other appearance-oriented aspects of our consumer culture. Even our oldest child, who is four-and-a-half years old, doesn’t know or care that my car is 15 years old; he thinks it’s cool. While I like using books and games to help teach our kids about money, I believe that the way we deal with money in front of them–our financial choices, attitudes, and conversations about money and material things–will have a much greater long-term impact on how they use money.