Getting the Kids Involved in the Family Money

Gallo, Eileen
October 2007
Journal of Financial Planning;Oct2007, Vol. 20 Issue 10, p48
Academic Journal
The article uses anecdotes to illustrate how children can become interested in money and finance. One child had his interest piqued after the issue of philanthropy came up while attending a meeting of his family's financial advisors. Another child was able to attend and achieve some understanding of her family company's board meeting at the age of 15, in part because her parents had begun to instill in her financial concepts at an early age. Treating money as a taboo subject with children can engender unhealthy attitudes about it.


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