Thanks to The Beth Kobliner Company LLC for sponsoring RookieMoms.com today.
Ever since our children were very young, we worried that it would be difficult to teach them about money because most of the transactions we take care of are not visible to them.
Paying bills just looks like typing on the computer. These days, I pay for Starbucks and for groceries by simply holding my phone out. Even a plastic card doesn’t really convey hard-earned money.
My husband and I save aggressively for the future, but I’m not sure we’ve told our children that there is a college savings fund waiting for each of them; and telling them was one of many great ideas I got from attending a launch party for the book Make Your Kid a Money Genius (even if you’re not) by Beth Kobliner.
She said that studies show that kids who know there is a college fund for them are much more likely to go to college. [Read more…]