Sometimes watching is just easier than reading.
So, if you’re feeling in a watching mood, here’s a collection of micro money message videos to help you teach your kids some personal finance basics.
They’re short. Binge watch for the win!
- Use The Rule Of 72 To Turn A $20 Birthday Check Into $1,280 — The Rule of 72 is a great way to teach your kids what money invested today could be worth in the future.
- Convert Prices To Work Units to Teach Kids The Value Of A Dollar — A simple way to make kids appreciate the value of a dollar.
- Prompt the Philanthropy Discussion With Great Quotes — Here’s a way to make philanthropy a regular part of your kid’s vocabulary and give that Giving Jar a whole new meaning.
- Let Kids Choose The Spend-Save-Give Allocation — Owen D. Young provides perspective on the importance of financial balance. Here are some thoughts on how you can help your kids strike the right one.
- Spark The Independence Flame — Here’s a simple recipe for sparking the flame of financial independence within your child.
- Use a Hybrid Card Strategy — Credit cards build a credit history, but they don’t prevent debt. Prepaid cards prevent debt, but they don’t build a credit history. So which one is best for your older teen?
- Own The Whole Market — Jack Bogle reminds us that picking individual stocks is like finding needles in a haystack. Instead, follow this simple recipe for getting your teens in the investing hunt.
- Tell Your Dollars Where To Go — Roger Babson reminds us to teach our kids how to tell their dollars where to go with a budget.
- Know Your Money Leaks — A classic quote from Benjamin Franklin reminds us to teach our kids to mind their little money leaks so they can keep their financial boats afloat.
- Luck And Work Go Hand In Hand — A classic quote from Thomas Jefferson — or perhaps Coleman Cox — reminds us of the relationship between luck and work.
- The Two-Way Power of Philanthropy — Ralph Waldo Emerson reminds us of the incredible two-way benefits of helping others. Challenge your kids to a random act of helpfulness this weekend.
- Take Your Time With Money Decisions — Kin Hubbard reminds us how to avoid hasty money decisions like silly purchases or risky investments.
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