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.

Key Takeaways:

• She said that studies show that kids who know there is a college fund for them are much more likely to go to college.
• The book, stuffed with helpful tips, makes these dreaded money talks a bit less daunting — and even fun!
• “Don’t avoid the situations where you’ll have to say no,” as you are teaching your child money smarts with those decisions

“Paying bills just looks like typing on the computer.”

http://www.rookiemoms.com/teaching-kids-money/