Kids and Money - Why Is It So Hard?

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We learn so many things as we grow up. We learnWith the right knowledge and attitudes,
how to walk, talk, and get away with not doing ourtoday’s kids can capture their share of that
homework. We learn how to play complicatedopportunity, and set themselves up for life.
games, many of them involving pretend money.So, why isn’t everyone doing it?
So, why is it so hard for us to learn how to manageBecause not everyone’s parents have the
money?right knowledge and attitudes to pass along to their
Why do so many people struggle to make endskids. Some of those who have the knowledge and
meet, even on reasonably high incomes?attitudes are still setting themselves up in life,
Why do so few people manage to provideworking long hours, and find it difficult to break the
sufficiently for themselves in retirement?knowledge down into terms their kids can
It’s not rocket science. We know what itunderstand.
takes. And there are some people doing it. So whyWhat can we do about it?
isn’t basic money management as widelyAs parents, we need to be conscious that financial
understood as basic geometry?education ranks up there with education about
Imagine what life would be like if making moneynutrition, health, and communication. We must
came as easily and naturally as riding a bike or tyingeducate ourselves, so that we can educate our
your shoelaces. Imagine graduating high school with achildren.
permanent, secure, passive income already in place.There are many places to go on the web to get
You wake each the morning to find more money hasthat vital financial education.
appeared in your account overnight! If you want toThe Cash Smart Kids program ( provides lessons for
travel, you do. If you want to paint, write, or do anythe kids, plus additional reference material for their
other creative activity, you do. You choose yourparents.
occupation based on what you love to do, not theThe Rich Dad website ( is rich in content, and
burden of having to pay the bills. You have all thecontains information about the Cashflow series of
time you need to socialise with your family andeducational board games.
friends, to stay in shape, and to practice yourThere are numerous e-Books, ezine articles, and
spirituality.offline financial publications with an online presence.
This world is not a pipe-dream. It’s notAnd, of course, there are dozens of relevant books
unrealistic. The world is alive with opportunity, morein your local book store.
so now than ever before, and the opportunity is