Think beyond the allowance to teach kids lasting money skills - The Sedalia Democrat: Money & Finance

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Think beyond the allowance to teach kids lasting money skills

Posted: Friday, January 18, 2013 12:00 am | Updated: 2:33 am, Fri Jan 25, 2013.

(BPT) - One of the most exciting parts of parenthood is watching your children learn as they grow. Of course, life’s lessons can be tough just as often as they can be pleasant. And as you want to protect kids from falling off their bike or scraping a knee, you also want to set them up for a successful financial future, as free from worries as possible.

One of the best things you can do to prepare your kids for a lifetime of handling money is to get them started early. But it isn’t only about timing – following through with lessons and providing plenty of explanation is essential.

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