Teaching Kids About Money Alexandria VA

Teaching your children about money gives them a lifelong legacy. Starting to teach them about money anywhere from age 4 through 6 is advisable and do consider the following tips.

Meier New Life Clinics - Alexandria Outpatient Clinic
(703) 924-2001
6214 Old Franconia Road Suite B
Alexandria, VA
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Meier Clinics has been providing answers to life's problems since 1976 through a wide array of mental health care programs. Our programs are unique as we treat the whole person?emotionally, physically, and spiritually. All of our clinical staff (psychiatrists, psychologists, social workers, marriage and family counselors, addiction counselors, dieticians, etc.) are committed Christians who are fully credentialed and professionally trained. They are dedicated to providing a safe environment

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107 West Edmonston
Rockville, MD
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Meier Clinics has been providing answers to life's problems since 1976 through a wide array of mental health care programs. Our programs are unique as we treat the whole person?emotionally, physically, and spiritually. All of our clinical staff (psychiatrists, psychologists, social workers, marriage and family counselors, addiction counselors, dieticians, etc.) are committed Christians who are fully credentialed and professionally trained. They are dedicated to providing a safe environment

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Arlington, VA
 
Hahn, Allison PsyD
(703) 807-0454
3801 Fairfax Drive
Arlington, VA
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Hahn, Allison PsyD, Licensed Clinical Psychologist
(703) 807-0454
3801 Fairfax Drive
Arlington, VA
 
Meier New Life Clinics - Fairfax Outpatient and Day Program
(703) 383-8333
11200 Waples Mill Road
Fairfax, VA
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Meier Clinics has been providing answers to life's problems since 1976 through a wide array of mental health care programs. Our programs are unique as we treat the whole person?emotionally, physically, and spiritually. All of our clinical staff (psychiatrists, psychologists, social workers, marriage and family counselors, addiction counselors, dieticians, etc.) are committed Christians who are fully credentialed and professionally trained. They are dedicated to providing a safe environment

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Alexandria, VA
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Stop Smoking, Life Coach, Stress And Anxiety , Counselor

Virtus Credit Solutions
(703) 579-0221
5600 general washington drive suite b211
Alexandria, VA
 
DC VA Counseling Psychotherapy, LLC/ Isabel Kirk
(703) 231-7991
3801 N. Fairfax Drive, Suite 61
Arlington, VA
 
DC Area Health Education Center
(202) 574-6994
1310 Southern Ave., SE
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Teaching Kids About Money

Teaching your children about money gives them a lifelong legacy. “The more control we have over our money, the less control it will have over you,” says financial expert Sharon Lechter, member of the President’s Advisory Council on Financial Literacy, author and founder of Youthpreneur, an organization that encourages an entrepreneurial spirit in kids. Lechter says it’s important to teach your kids financial literacy because they see you spend money, but they don’t know how to create it, keep it or invest it. “Kids don’t understand the relevance of earning, saving and spending,” she says. Given the influence of the media and peers on kids today, she recommends starting to teach them about money anywhere from age 4 through 6. Consider these tips:

Allowances for over and above.
Don’t hand out allowances for performing the basics of personal and family responsibilities, such as brushing their teeth or doing the dishes, Lechter says. “Give allowances to your kids for showing responsibility over and above their normal responsibility. This could be volunteering to pick up the yard, cleaning out the closet or showing social responsibility such as going through their toys and deciding what to give to Goodwill or a children’s center,” she says.

In addition to allowances, Lechter says it’s easy to build lessons around money into the day-to-day raising of your kids when you consider three more.

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