Monday, January 10, 2011

Investment Education For Kids

There is no shortage of programs available today to utilize in helping children to understand financial education. The resources range from nonprofit organizations established to educate teens on financial literacy to government organizations which create resources for parents and children to frequent to gain a greater understanding of how money works and plays an important role in our nation.
Two of the several organizations that offer financial education for children are The Mint.org and the NEFE (The National Endowment for Financial Education).  TheMint.org  is a tool created by The Northwestern Mutual foundation  charity which is a division of Northwestern Mutual. The NEFE originated from a nonprofit College for Financial Planning. 
 TheMint.org  is a website that provides teachers and parents with resources to educate children about money management.  The NEFE is a nonprofit organization focused on providing financial education to mostly teens but also children of all ages. For younger children, the U.S. Department of Treasury provides resources on savings bonds and coins for parents and educators.
The resources available help children gain a basic understanding of all aspects of using money such as investing, saving, and spending. The interactive tools provided help children to learn the basics of money management and allow them to gain the necessary skills to help them build a solid future for themselves.
These programs are established to provide resources to educators and parents in order to aid them in teaching children financial responsibility.
You should carefully read through the instructions and guidelines on the various websites and resources to ensure the children are using the appropriate tools and games pertaining to their age group. This will prevent the information from being too complicated or overwhelming for them to grasp.


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