Many homeschoolers include the teaching of personal finance as part of the curriculum. What better way to prepare kids to handle money as adults?
Some parents involve kids in their own finances, helping to evaluate spending, paying bills online, or adding receipts. Others have children working in the family business, learning the ropes, while gaining valuable business skills along the way. Still others open savings accounts or stock accounts for their kids, letting them manage funds entirely on their own. There are dozens of practical and easy ways to teach personal economics right from home.
There is no shortage of lesson plans available to teach this subject, too. Those shopping for curriculum will be pleased to find dozens of quality products, many free.
Begin with these resources for starters:
And don’t forget to check out these free online products, too:
FDIC’s Money Smart Course (educators may order it at no charge)
Federal Reserve Education (lesson plans for download)
Money Math Lessons for Life (free to download)
AFSA Education Foundation MoneySKILL Course (free online audio/video course)
Practical Money Skills Curriculum (free to download)
Remember to visit banks in your area to learn about opportunities for kids to save, or contact credit card companies for brochures and information about credit for young people. Credit unions offer resources, too.
Teaching children about money is something that will last a lifetime. There is no greater gift than setting children up for success.
Isn’t that what homeschooling is all about?
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