There are several benefits of teaching kids financial literacy, including making smart, informed financial decisions.
Delayed Gratification is controlling yourself in response to an instant reward with the vision of receiving highly valued rewards in the future.
Have we ever let our kids manage their own money? When learning about the world of finance, one might think that allowing your kids to manage their bank account is a step in the wrong direction.
It’s easy to say that the key to success is hard work and putting in long hours in the library. But, this doesn’t necessarily mean that you’re going to see better grades if you study harder.
We tend to think that chores are a way to get something done. Maybe there’s an expense involved with having our house cleaned or having a lovely dinner prepared for us when we come home from school.