How to raise your kids to be frugal (but not too frugal)

0
543


By Steven Kutz
If people are destined to inherit their parents’ attitudes toward money, how can they hold on to the good ones and get rid of the bad ones?
MarketWatch asked Gregg Murset, who has been a Certified Financial Planner (CFP) for 20 years and who specializes in educating children so they make smart money decisions, what he recommends when it comes to changing spending patterns from generation to generation. Murset, who lives in Phoenix, was named the National Financial Educators Council’s Financial Education Instructor of the Year in 2014. He also works with teachers and school supervisors in Arizona to help improve personal finance education for students.
In addition to his work as a CFP, Murset runs a website called busykid.com that parents and their kids can use together. When kids do chores, parents can pay them on the site, which costs $12 a year per family. When parents want to pay their kids for chores, money is moved from their checking accounts over to the kids, who can either spend it (via gift card), give it to charity, or invest it.
Read the Full Article at www.marketwatch.com >>>>

Author Details
G M
This is a general posting account for VT
ATTENTION READERS
Due to the nature of independent content, VT cannot guarantee content validity.
We ask you to Read Our Content Policy so a clear comprehension of VT's independent non-censored media is understood and given its proper place in the world of news, opinion and media.

All content is owned by author exclusively. Expressed opinions are NOT necessarily the views of VT, other authors, affiliates, advertisers, sponsors, partners or technicians. Some content may be satirical in nature. All images within are full responsibility of author and NOT VT.

About VT - Read Full Policy Notice - Comment Policy