Making lessons from lemonade

Article Abstract:

Several ways how parents can encourage their children to develop the entrepreneur within them are presented. Parents are advised to lead their children to business ventures that are close to playing and suitable for their age such as operating a lemonade stand.

Social aspects, Parent and child, Parent-child relations, Child development

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Thriving in tough times

Article Abstract:

Parents should be honest with their children when talking about financial difficulties. Children should be told early that financial problems will be part of their lives someday but they can solve these challenges and emerge as stronger persons in the future.

Finance, Children, Parenting, Family

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How to help your kids live as well as (or better than) you: what you need to know - and teach your children - to give them a financially secure future

Article Abstract:

Parents need to teach and train their children on the rudiments of money management to prepare them for the future. These include setting up a piggy bank, letting them play store and counting games, and providing incentives for saving.

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