By Shari Burnum
Last month’s column addressed how important it is for parents to have conversations with their children about personal finance. The column also listed ways to introduce some general personal finance concepts to children, including earning, saving and spending. As children get older, it’s important that they add to that knowledge with a more in-depth education about personal finance, economics and how the markets work. But it can be difficult to know where to start.
Fortunately, parents don’t have to go it alone. There are resources available to help ensure students are ready to navigate the financial world successfully when they become young adults. For many of these program, you need look no further than your neighborhood school. The SIFMA Foundation, a nonprofit educational foundation affiliated with the Security Industry and Financial Markets Association, provides a comprehensive program for grades 4 through 12, including the Stock Market Game, Capitol Hill Challenge, InvestWrite and Invest it Forward.
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