Financial Literacy for Young People by Safaa Nhairy For those of you who might think that it's only Americans that need a little (or a lot) brushing up on their financial skills, read on... British adults also suffer from a lack of basic financial education in their schools. According to statistics, 91 percent of British [...]
Financial Literacy - For Kids and Adults by Marlena Jareaux The need for financial education in this country is at an all time high. A major foreclosure is crisis looming on the horizon, and signs of financial illiteracy exist throughout the entire country. It’s more apparent now than ever before that the need for financial [...]
We've all heard the saying, "You never get a second chance to make a first impression." And yet, one of the things that I have noticed lately is that kids don't seem to know as many of the social graces that I learned when I was a kid. I wanted to mention just a few [...]
Last week we were mentioned (at the end) in a news piece on financial literacy camps. A related article was put on line today on abc News. Article is below and you can also click below to read the whole piece and watch the little video. FFinance Camps Create Young CEOs: New Summer Camps: Learn [...]
A few weeks ago I got a call from Inc.com’s Tamara Schweitzer, one of the online magazines staff writers on the subject of “How to Recession-Proof Your Kids”. There were several great contributions to this article, including yours truly. It's worth your time to check it out), and this is especially true if you have [...]
Our children are going to have to 'do money' differently when they get older. The economy has been shifting for many years now, moving from employee driven to entrepreneur driven. Our Camp Millionaire program helps kids learn to invest in the Three Pillars of Wealth and building businesses is one of those pillars. Changing the [...]
What exactly IS the value of education? Well, the answer is a definite, "It depends..." It depends on what you do with the information. It depends on whether what you learned is relative to what you're doing. It depends on if you set an intention to learn the information for a specific purpose. It depends [...]
Just a thought... What if our kids learned about math in school from their financial literacy classes? What if our kids learned about writing by preparing amazing business plans that could actually be funded and turned into real businesses to set the kids on incredible journeys of self-reliance, doing great and providing for others? What [...]
“The best defense is a good offense.” ~ Dan Gable, Olympic gold medalist and most successful coach in history. Imagine trying to teach your child to be a major league pitcher but never giving him a ball to throw, never putting him on the field, never giving him a glove and, oh yeah, never teaching [...]
The month of July for most American's conjures up images of loud, flashy fireworks, friendly back yard BBQs and the thrilling sound of our national anthem, "Our country 'tis of these, sweet land of liberty, of thee I sing." America was built on a solid foundation of freedom for all, with the additional caveat that [...]
Current Allowance Theories After doing quite a lot of research and talking to many parents over the past 6 years, I’ve noticed the following allowance approaches: The “No Allowance At All” Camp In my experience, parents in this camp usually didn’t get an allowance when they were young. A common opinion is that if it [...]
I wrote this book for a couple of reasons. The first being a very simple one: I want to make sure as many kids as possible gain the financial skills they need to grow up happy, healthy, wealthy and wise. As I explain later in more detail, like many adults, I never got this information [...]