Personal Finance for Kids - Teaching Your Children to Be Financially Responsible

In this book, I will focus on how you can teach, inspire, and coax your child into saving money, as well as how to show a young person to examine, evaluate, and choose the ways to spend money intelligently.

Saving money is essentially a discipline that youngsters must be taught just like brushing their teeth or doing their homework. Think about this first process. You provide the child with the tools needed: a toothbrush and toothpaste; then you provide the proper environment, a bathroom with a sink, to practice the discipline; and, finally, you monitor the activity and offer encouragement and praise for successfully completing the newly learned task.

I will offer here a similar three-step process for teaching children how to save money. Be prepared, Teaching kids how to spend money wisely is much more complicated and will consume a considerable portion of this book. Unless your offspring is a teenager, though, learning how to save money is the place to start.


Theo Katz


Theo Katz is a professional financial, organizational and entrepreneurial advisor with a wide experience and broadly acclaimed ideas.