Raising Kids with Money Smarts

Nadia Almahdi  //  Apr 10, 2015

Raising Kids with Money Smarts

Want to raise kids with money smarts? Elizabeth Shaw, Parent & Child Magazine editor shares the details for an upcoming twitter chat to help kids become financially literate:

There are a couple of conversations that often make parents break into a cold sweat: the birds and the bees (of course)—and money. For many of us growing up, talking about the family finances was hush-hush, but if our kids have any chance of becoming financially literate, we have to break the silence. In fact, research shows that children’s financial habits get set by age 7, which is exactly why it’s almost never too soon to start talking about dollars and cents with your little ones. If they’re old enough to understand that you need cash to buy things, it’s time!

That said, it can be pretty difficult to know where to start, which is exactly why Scholastic Parent & Child is thrilled to be hosting an exclusive Twitter party with T. Rowe Price. Stuart Ritter, a senior financial planner (and father of three) will be offering expert advice to your questions. Plus, we’re giving away five $50 gift cards to participants; each winner will also score a piggy bank for the kids! We can’t wait for you to join the conversation!

WHEN: April 15, 2015 at 8 p.m. EST
HOW: Follow @PARENTandCHILD and use the hashtag #TRPKids
PLUS: All participants have a chance to win one of five $50 gift cards and a piggy bank for their child! For official rules, click here.

GET MORE INFO: For even more advice on raising money-confident kids, our site is packed with advice, tips, and tool. Log on: Scholastic.com/mck

This Twitter chat is sponsored by T Rowe Price.