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Friday, February 26, 2010
Two great books on Money $$$
Look at The First National Bank of Dad: The Best Way to Teach Kids About Money by David Owen for some wonderful ideas on how to teach your children how things are really done. He shows how putting together a virtual bank at home with stock trading (on paper) and CDs (on paper) can teach children and young adults in your home a lot about the real world of money. Another good source for learning about the whole financial system is The Wall Street Journal Guide to Understanding Money and Investing. These two books have really helped me understand the lingo and how to motivate my kids to save.
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