You’d think it’d be on the list of critical subjects taught in school, but managing money is one that largely eludes today’s youth. Parents don’t need degrees in finance, however, to pass on basic money know-how that will benefit their children for the rest of their lives.
I asked Gregg Murset, a certified financial planner and founder of BusyKid, an app that teaches kids the basics of personal finance, for his advice about teaching children about money. Here’s what he said.