Do Your Kids Need Money Lessons?

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It’s never too early to learn and develop good money management habits. I just found an excellent website that makes it fun and easy for parents and teachers to help young people become more financially literate. Created more than 10 years ago by the National Council of Economic Education and the Northwestern Mutual Foundation, covers everything about money from earning it and saving it, to investing, spending, borrowing or giving it away.

You can take a quiz about how long it takes to become a millionaire and read articles on how to trade in old video games for cash. Teachers can find lessons on creating a budget or explaining compound interest. Kids can learn how to track their checking accounts. And parents can test their own financial IQ. Look for the Perfectcents Newsletter in the parents’ section under Teaching Tools for items you can print out for free and use