The Wall Street Journal:
It’s time to rethink how we teach children about money.
For all the effort parents put into helping their children understand dollars and cents, and for all the effort schools put into formal lessons in personal finance, most children still grow up into adults who can’t properly save, spend and budget.
Now researchers—from psychologists to economists to communications experts—have started asking why. And the one theme that comes out of their research loud and clear is that we’re doing it all wrong.
Read the whole story: The Wall Street Journal