Comments on: Teaching Kids about Money, Debt and Credit http://www.savingsguide.com.au/teaching-kids-about-money-debt-and-credit/ How to save money on everything! Credit cards, home loans, spending, shopping and more. 100% FREE! Tue, 07 Feb 2012 13:07:37 +0000 hourly 1 http://wordpress.org/?v=3.1 By: Jennifer @ Money Saver 101 http://www.savingsguide.com.au/teaching-kids-about-money-debt-and-credit/comment-page-1/#comment-1761 Jennifer @ Money Saver 101 Sat, 21 Feb 2009 21:30:32 +0000 http://www.savingsguide.com.au/?p=522#comment-1761 My husband and I decided long ago that we would show our kids, when they reach the appropriate age (we'll know when we get there), how much money comes in and how much goes out on essentials, what goes into savings, and what's left over so that they can see what's worth spending money on and what's not worth spending money on. I'll have to get back to you on how that'll work out. The kids are 3 and 2 right now. LOL But if anyone else has given this a shot, I'd love to know how well it worked out. My husband and I decided long ago that we would show our kids, when they reach the appropriate age (we’ll know when we get there), how much money comes in and how much goes out on essentials, what goes into savings, and what’s left over so that they can see what’s worth spending money on and what’s not worth spending money on.

I’ll have to get back to you on how that’ll work out. The kids are 3 and 2 right now. LOL But if anyone else has given this a shot, I’d love to know how well it worked out.

]]> By: Joe http://www.savingsguide.com.au/teaching-kids-about-money-debt-and-credit/comment-page-1/#comment-1760 Joe Wed, 18 Feb 2009 15:00:31 +0000 http://www.savingsguide.com.au/?p=522#comment-1760 I've tried to teach my kids about money, and even when I say things cost alot or that we can't afford the latest gadget they say "just use the credit card daddy!" They just don't understand the link between pulling money out of your pocket and working for it. Ah, the joys of being a kid. I’ve tried to teach my kids about money, and even when I say things cost alot or that we can’t afford the latest gadget they say “just use the credit card daddy!” They just don’t understand the link between pulling money out of your pocket and working for it. Ah, the joys of being a kid.

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