Written by North Capital Administrator

Teaching Money Sense to Children

The WSJ today reports on academic studies that address the most effective ways to teach children about money.  The results might surprise some.   Read the full article here.  Some key take aways:  (1)  teach math, not finance.   (2)  teach particular financial facts when it’s timely to do so.  Since retention rates are low, “just in time” teaching is more effective than trying to cram a young mind full of facts.