Teaching Black Youth about Money

[nubian noir]

Yes this is something that we as parents need to start early with. Teaching children the value of saving and making money work for them and the banking system. Also teaching them about want and need when it comes to spending money. They money concept should be taught early and often.

 

[MenNefer]

True Indeed

I place up to $5 in the back of strategically picked books and challenge my sons, 5 and 6, to read and tell me what the story was about before they claim the money. I tell them that money counts how much energy they use and save and to be aware of what they focus their energy on.

 

[dustyelbow]

BUYING POWER?

Think a PARENT need to SEE THIS and UNDERSTAND where we STAND and where OTHERS STAND and INSTEAD of SAVING which we as a WHOLE ARE NOT DOING ANYWAY I would put that SPENDING CASH or CREDIT into PERSONAL EDUCATION for YOU and US (family community etc) that can yield SAVINGS LATER.

Whether you have to TRAVEL to LEARN...

Whether you have to BUY GEAR to LEARN..

Whether you have to KEEP a FAMILY TOGETHER too...

In the LONG RUN it ADDS SAVINGS because with the PRESENT COURSE we will be FINISHED in NO TIME.

Just some NATION WIDE ALERT to THINGS TO COME.