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KIDS & CASH - Money Basics

Monday, November 20, 2006

Teaching pre-teens money skills doesn't have to be taxing, but it may involve taxes. NBR Correspondent Erika Miller goes to school and to the mall to explain how everything from allowance to the stock market can be used to improve the financial literacy of younger children.


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Photo of girls buying jewlery in mall. Click to watch Money Bascis report.
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External Links/Articles*

  • A.G. Edwards
    The brokerage firm A.G. Edwards has launched a financial literacy program. This links to the education offerings on the A.G. Edwards website. The content includes the Big Money Adventure game for kids as well as information about investing basics.
  • 18 Ways for Children or Grandchildren to Learn the Value of Money
    This tip sheet comes from the Institute of Consumer Financial Education (ICFE), which is a non-profit "dedicated to helping people of all ages improve their spending, increase their savings and use credit more wisely."
  • Iowa State University Extension - Children and Money
    This site lists money skills that are appropriate to teach kids based on their ages. The site also contains links to quiz sheets about spending and allowances.
  • Jump$tart Coalition
    The Jump$tart Coalition for Personal Financial Literacy promotes "curriculum enrichment to ensure that basic personal financial management skills are attained during the K-12 educational experience."
  • Money In Our Children's Hands (PDF Document)
    This tip sheet was prepared by a family economics specialist at North Dakota State University's College of Agriculture, Food Systems, and Natural Resources. It offers parents information they can use to develop the money management skills of preschoolers, grade schoolers, preteens, and teens.
  • Money Math: Lessons for Life (PDF Document)
    This detailed document was created by the Center for Entrepreneurship & Economic Education at the University of Missouri-St. Louis. It includes chapters called "The Secret to Becoming a Millionaire," "Spreading the Budget," and more.

    • *Clicking these external links will take you off the NBR web site on PBS.org. NBR has no affiliation with these sites.

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