949-715-4100

Coffee Break Sizes Up Kids Handling Money

Money management for children is the focus of next Wednesday’s, March 16, PTA Coffee Break at the Surf and Sand hotel starting at 8 a.m.

In a culture of affluence, many parents are concerned about their children’s understanding of money, but don’t have a plan for teaching the respect and responsibility that comes along with it.  Parent and therapist Vicki Hoefle teaches parents how to give children real-life practice in developing a healthy relationship with money.  This process includes allowing children to make mistakes, learn by loss and develop the habits for “saving, spending and giving it away.”

Here are a some of the issues she covers: the best age to begin giving children money; the conditions of an allowance and guidelines for spending it; how to transition kids from the wallet to the bank and from spending to saving; whether to give kids a debit card; having them help you pay bills; and introducing them to the idea of making financial donations.

As usual, $5 will buy coffee and pastries and a valuable seminar.

 

About the Author

Related Posts

Leave a Reply

*