December 20th, 2007 - 12 ways to make your kids financially savvy
12 ways to make your kids financially savvy is an excellent article from a Wall Street Journal writer.
Note, however, that the author has quite a bit of money. Or at least has chosen to spend a lot on his kids, including retirement funds (invested amount unlisted), $5000 for a wedding, $5000 for finishing college, fully paying for their undergraduate education, $15,000 towards a house…and that’s per kid. Sorry Maggie, but I don’t plan to do any of that. I don’t personally believe parents should pay for college education beyond what the FFASFA (or whatever it’s called) says they can afford nor assisting with retirement or house purchase. And no way is she getting a $5000 college graduation gift.
But his (other) ideas are still valuable