Bust the Money Tree Myth

Yesterday at my parent workshop Bust the Money Tree Myth ~ 3 Easy Steps to Teach your Kids the Value of Money, I mentioned a few surveys on kids and money that are worth taking a look at.

• Junior Achievement 2012 Teens & Personal Finance Survey
• T Rowe Price Parents, Kids & Money Survey - March 2012
• Charles Schwab 2011 Teens & Money Survey

The biggest take-away from these surveys is that parents play an instrumental role in teaching their children about money yet parents are not talking having enough money conversations using everyday life situations to do so. And parents need to be consistent and follow their own good money advice. The golden rule of parenting...they are watching you!

A big thank you to The Schoolhouse and Melissa Corey for hosting the parent workshop. I am back at The Schoolhouse in July for two fun and educational Teen summer workshops.