How to Teach Kids the Value of Money
Synopsis: In an era when money is digitized and can be spent with a mouse click, parents are grappling with the increasing challenge of making sure their kids don’t squander their hard-earned money. Learn how to teach kids the value of money in 3 steps. “Anna, give Mike ten dollars,” I instructed my 11-year-old student. Anna opened her mouth wide in shock but couldn’t utter a word. She followed my instruction nonetheless and handed over a 10-dollar bill in a slow,...
Read MoreHow to Teach Your Children to Appreciate You
Synopsis: Parents often feel they are overworked and under-appreciated. Find out how to teach children to appreciate their parents' incredible effort of raising a family. “Only one hundred dollars?!” twelve-year-old Jason sneered at me. “What can a puny hundred dollars buy?!” I was teaching a basic finance class at an elementary school in New York City, and the topic of the day was how to convince bankers to lend the students one hundred dollars to start a...
Read More