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Top 7 Money Management Secrets You Must Teach Your Child

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    7) Teach them delayed gratification The “Stanford Marshmallow Experiment” was a series of studies on delayed gratification where pre-school kids were enrolled in the study at Stanford University in the late 1960s.  They were followed-up 30-40 years later.  In these studies, a child was offered a choice between one small reward provided immediately or two small rewards (i.e., a…

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kermit with money

Top 7 must-read books to teach kids about money

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7)  The Berenstain Bears’ Trouble with Money by Stan and Jan Berenstain     Summary: Brother and Sister Bear spend money as soon as they get it.  To make money of their own, the cubs decide to start their very own businesses, from a lemonade stand to a pet-walking service. This beloved story is a perfect way to teach children about…

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