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Whew... How many times have you heard that before? According to CBS News, half of American parents have cut back on their retirement savings to help pay their children’s bills, a Bankrate.com survey shows. Parents are putting their kids’ car insurance, cell phone bills, credit card debt, and health care costs ahead of their needs to grow their retirement funds — and kids miss out on learning independence. Read the full story.
Starting early can help young children learn healthy financial habits that will last a lifetime. Research shows children can begin learning about money as early as three years old.
Unfortunately, children grow up so fast that teaching them the value of money is often overlooked. In hindsight, parents regret not teaching their kids this vital life lesson of money management.
Good news: We’re here to help!
Piggy Bank Tutor helps parents teach their children the value of money by making financial literacy accessible and entertaining. Our Kids & Money Parents Club, Family Fun Financial Literacy Events, and financial literacy products provide parents with effortless and engaging ways to help raise money-smart kids, practicing the six principles of financial literacy: earning, saving, budgeting, giving, investing, and understanding the value of money.