Children's Finances

Children Can Actually Plan Their Finances

Financial planning can enable children to hone their budgeting skills at an early age.

Financial plans can enable children to learn financial habits that will last them for life.

Early on, parents should imbue their children with positive information on money, its past and present usage, and how it can be budgeted to save as well as to buy things.

Financial planning facts for parents about college.

Parents themselves need an education in the care of the financial interests of their children. Does college give kids better chances for success? This is not as assured as the usual comment on college will imply. Does college give kids more earnings over their work career? This is not as certain as some purport it to be. It depends on the training taken at school.

What parents should do first off is learn to distinguish between college education and the acquisitions of skills. One may have nothing to do with the other. In fact, only about a third of what the average job requires is ever taught in college. You can acquire skills without going to college, and at much less expense.

Another little-known fact: You can acquire college degrees part-time over the internet from major colleges. There is nothing written anywhere that says that parents must destitute themselves to be worthy of their children in terms of financial assistance. Also, you can provide children with a highly useful, practical instruction in financial matters at very low cost.

Kidfinance

  • The public has gotten to the point where going-to-college is supposed to be the only way to get an education. Parents and students get a constant barrage of what may not be in their interest.
  • Distinguish between college education and the acquisition of skills. One may have nothing to do with the other. In fact, only about 30% of what the average job requires is ever taught in college. You can acquire skills without going to college, and at much less expense.
  • College degrees are available part-time over the internet from major, prestigious colleges.