Teach your kids how to avoid the debt trap and build real wealth 17 Articles

by Don Simkovich

Help your children build wealth at each stage of their lives by teaching them to become investors and not just consumers only. You can begin in pre-school. Teach them to put away their toys. This teaches responsibility....read more

by Barry Williams

How to help make your kids rich. Save your cents and the dollars will look after themselves.Open up a bank account and put two dollars a week of your pocket money into it. Don't waste your m...read more

by Cindy Marie Law

Let's get one thing clear: nobody teaches their children about personal finances. No one. I'm willing to bet that if you say you do, you really do not. "Teaching personal finances" implies that parents sit down and explain...read more

by Amanda Eby

In order to teach children about money, one needs to have a healthy relationship with money. The child will follow the path the parent blazes be it healthy or otherwise. Honesty is everything. Money seems to be an undiscu...read more

by Marco Angioni II

Teaching children about wealth can be a very difficult thing. Many times, children do not understand financial terms, let alone certain financial products and investments that are available. Therefore, teaching a child a...read more

by William Bond

Show your children that saving their money in the primary grades is important, and then avoiding debt, by paying for cash as much as possible. Any opportunity when your child, Anne, age 4, gets money for a birthday or Ch...read more

by Diane Palmer

One of the best ways to teach your kids about money, is to give them an allowance, and guide then in how they spend it. The typical rule of thumb, for deciding how much allowance your kids get, is to give them approxima...read more

by Shireen Lee

The average American carries $8000 of credit card debt, in addition to a home mortgage and car payment. The most powerful lesson you can teach your children about money management comes from the example you set. Making y...read more

by Lauren Rogers

As a parent how often have you said, "Do as I say, not as I do?" In the matter of credit cards, this is definitely the right time to use this statement. Children can learn from the example of your misuse of credit cards....read more

by Patricia Gilliam

In recent years, debt has been highly marketed to high school and college students, and many parents have been outraged at attempts of "kiddie branding" (familiarizing young children with products such as specific credit c...read more

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by Helen Fix

Bad credit debt consolidation loans The days are becoming bitter and hard to pass because every tickling sound reminds you of the bad credit issues. The bad credit disrupts the credit and people are barred from availing...read more

by Brian Lett

Prior to entering the working world, whether we know it or not, we have a choice as to which cycle we become engaged in. The disadvantage which we face, is that commonly, we enter into the, "Debt Cycle" before we even have...read more

by Kendra Brown

Attitude Reflects Leadership.' That is my favorite phrase that I took from the widely know movie Remembering the Titans' which starred one of my favorite actors, Denzel Washington. That phrase is what I tell myself to re...read more

by Brian Lardin

Your best bet for making your child rich while you're still alive to see it: Open a Ric-E-Trust retirement fund for your child. Use your child's money to open it for them. The number one thing in your child's favor is t...read more

by Curtis Carper

Surest way to make your kids rich is to be rich yourself and leave it to them in a trust fund. Not a millionaire you say, then put $1,000 in a conservative investment, set it up as a trust fund, then add a small amount on...read more

by Jennifer Cockerham

Teach your kids the major steps of money management and you will be helping them to become wealthy. 1. Make your kids LOVE to save money. Give them a weekly allowance. Don't make them save all of it , you are trying to ...read more

by jandjm

Savings accounts are great, don't get me wrong! I had a savings account growing up, and I faithfully put a little bit of money away each month. Did it make me rich? Well, I certainly felt rich for a short bit after I ha...read more