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What's Your Financial IQ?

Checking-and-Savings Superstar!
From balancing your bank accounts to building your retirement nest egg, when it comes to money-management, you're practically on par with Bill Gates. Now start your kids on the road to financial success by teaching them about money while they're still young. Not only will an early education help prepare them for future employment, it will give them an understanding of the difference between wants and needs, and teach them to take responsibility for their spending decisions -- even for something as simple as a glow-in-the-dark bracelet or a bottle of juice. If you pay your kids an allowance, encourage them to keep track of how much they save and spend, and what they spend it on. This can help them better grasp how much things cost, how quickly hard-earned savings can vanish, and how they can spend less money next time to save for something they might want more. Most importantly, continue to be a great role model: Your kids will learn the best habits of all simply by watching you. For more money-saving tips, check out the articles and advice in Money-Savvy Moms.
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Members with this result

  • kennedysmom2
  • Daughter: Age 2
  • Michigan
  • Work full-time outside home
  • mamaturier
  • Son: Age 18
  • Daughters: Ages 14, 8 & 5
  • Lake Leelanau, MI
  • Stay at home
  • HDDevilboys
  • Sons: Ages 21, 18, 14 & 14
  • Work part-time outside home
  • pennyrandy
  • Son: Age 15
  • Daughters: Ages 21, 19, 18 & 12
  • Harker Heights, TX
  • Work full-time outside home
  • tonyapickett
  • Sons: Ages 8, 6 & 3
  • Work full-time outside home
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