Learning to manage money is a fundamental skill for navigating the world. It is as basic as learning to read and learning to cook, and yet, it comes with a lot of baggage. An allowance is one way to learn. Yes, I wrote about high finance in Hedge Funds For Dummies. I’m writing a book about options… [Read More]
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Tag: learning about money
How Parents Want Kids to Learn about Money
The short answer: the hard way. T. Rowe Price recently released a study on parents, kids, and money. Parents want kids to learn about money by making mistakes, especially with small amounts of cash before they become adults and have large amounts of cash. Meanwhile, kids don’t think that their parents do a great job… [Read More]