We need to prepare our children for successful financial futures, open savings accounts, pay allowances, and teach them to spend wisely. Young adults today are confronted with a series of financial challenges that we never had to experience.They have easier access to credit than older generations. Credit is a powerful tool, and a big responsibility. We should be to educate our kids about the risks and rewards of living in a credit society.
Kids and Money: Giving Them the Savvy to Succeed Financially