This is a nice, interactive website for parents called Money As You Grow to figure out what to teach their kids at what age group.
I giggled when I read these lessons for 3-5 year olds:
- You need money to buy things
- You earn money by working
- You may have to wait before you can buy something you want
- There’s a difference between things you want and things you need
IT IS EXACTLY WHAT PF BLOGGERS ARE PREACHING DAY-IN AND DAY-OUT!!! 🙂
If kids aged 3-5 knew all 4 of those principles above, they’d be smarter about their money than most adults… and the government 😛
Speaking of which, did you know that France has 35-hour workweeks, 8 weeks of vacation, paid holidays up the wazoo, retirement at 62 (that was after it was extended from 60 I believe) and are STILL complaining about how life sucks?
Granted, the citizens do get taxed a hefty 75% for such privileges including amazing healthcare (!!), which makes me think it’s not such a fab deal, although the U.S. is not much better with their lack of paid vacation laws, and how difficult it is for people to get basic healthcare.
Still, I am wondering how a country can sustain itself on such policies if their workforce simply isn’t working enough to keep up with such luxurious retirements.
Oh wait. It can’t.
Anyway, check out the Money As You Grow site. It’s kind of neat to read what to teach kids at each level.