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Article: Consumer affairs office releases guide for teaching children personal finance.(Originated from Knight-Ridder Newspapers)
- Article from:
- Knight Ridder/Tribune News Service
- Article date:
- June 12, 1997
- Author:
CopyrightCOPYRIGHT 1997 Knight-Ridder/Tribune News Service. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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WASHINGTON _ Teaching children how to manage money is an important challenge that many parents fail _ a sad fact that the U.S. Office of Consumer Affairs is hoping to do something about.
The consumer agency has produced a guidebook filled with ideas intended to help parents do a better job teaching their children how to manage their piggy banks and eventually, their bank accounts, loans and credit cards.
The guide, titled Kids, Cash, Plastic and You, offers suggestions on how to turn common household practices like grocery shopping into learning activities for parents who may have as much trouble talking with their children about money as they do ...