Teaching Children Money Habits for Life

Denise LaBuda

with Denise LaBuda, Economic Independence Group, USA

Date: March 18, 2010
3:00 pm to 3:50 pm EDT
(see time in other time zones)
 

Description:
Worldwide economic forces, a great recession, personal needs and wants, dual income families, and societal pressures have converged to create a world in which each of us has the responsibility to learn about and actively manage our financial lives. While the importance of financial literacy as a basic life skill has become obvious to many parents, educators and policymakers, how to develop the skills in our children has remained a challenge. The life-long benefits of teaching children good money habits make it well worth the effort. Children who are not taught money skills often pay the consequences over their lifetime. In this forum we will review the current state of youth financial literacy, discuss the missing standards, explore developmental considerations, and dabble in the debate about who should lead the training: schools, businesses or parents? (Or is there a role for all three?)

About the Presenter:
Denise LaBuda, CEO of the Economic Independence Group, directs development and sales of educational products and services to help parents, businesses, and non-profits support the development of money skills and habits in young children. EIG offers Money Wizdom workshops and products to make teaching kids about money fun and easy.

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