teaching money skills
What do you think is the best way to teach children, or anyone, about money? How can you teach the value of money - does money grow on trees?
I have taken my daughter to the computer and shown her the interest on the mortgage on the amortization schedule. I show her the interest she earns on CDs, bonds, and her stocks, yet she says she is not interested. She is 10.
She had a friend go to sign up with her recommendation at gymnastics and she was entitled to a $10 referral. She said she would not go for it "because we could afford pizza"? I got it. How can we get her and others to understand?
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