Joe on TV: Money Lessons for Kids

by Joe Plemon on October 4, 2011

As a semi-regular on our local TV’s $mart Money segment, I was recently asked to discuss  “Money Lessons for Kids”.  Give it a watch (it is only four minutes) and tell me what you think.  Really.  I have thick skin.

Readers:  How do you teach YOUR children about money?

 

 

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{ 5 comments… read them below or add one }

Andy October 4, 2011 at 3:21 pm

Nice message Joe – I love the give envelope. We have essentially the same system set up for our 8 year old and it does work. The give envelope will teach a great lesson along the way.

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Alex Humphrey October 6, 2011 at 1:19 pm

I really liked what you said about parents being the boss. A great (and somewhat controversial) response to his question. I think you really shook a few people up with that one and then followed it up with some great advice!

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joeplemon October 6, 2011 at 1:47 pm

@Andy,
Good for you. I have no doubt you are raising a child who will (or already does) have a very generous heart. Great parenting!

@Zero,
Right. What can we expect kids to learn about money if the parents aren’t pro-actively teaching them? What other kids do? Not a good plan!

@Alex,
Yes, that was slightly testy, but I think it is essential to remember who is in charge. It is NOT the kids. When the bible says, “Train up a child in the way he should go and when he is old he will not depart from that way”, it is a message to parents to step up and do their job. I received an email from a viewer who loved what I said. His comment was, and I quote, “The most important point was…parents need to be parents….that is part of the problem in this country.”

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Lead Generation October 7, 2011 at 1:11 am

This is great mostly kids nowadays don’t have any idea how to save many.. Thanks for sharing this great news.. lead generation

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Alex Humphrey October 7, 2011 at 2:49 pm

Awesome!

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