3 ordspråk av Sam Renick

Sam Renick

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I think you can start at birth by exposing kids to books and music that deal with money and money-related topics. Around age 3 or 4 you can expand their education with activities like counting, coloring, cash registers and playing store.

I'd encourage kids at 5, 6, or 7 to start a dream journal in which they write down their goals or cut and paste and draw pictures of things they dream about. Encourage them to write about these dreams and describe them in as much detail as possible, including plans, money and other resources they will need to make them come true.

For example, if the allowance is $5 a week, I would provide a child with four dollar bills and four quarters. I would minimally have the child get in the habit of setting 50 cents of the $5 away for long-term saving and investing.

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