Kids and Money: Two Special Reports

Below are two special reports about raising money-savvy children. Topics covered include how to manage a cash allowance, getting (and staying) out of debt, establishing credit, creating a budget, and financing college, to name just a few.

When it comes to financial literacy, today's graduates fail to make the grade. Asked about basic financial concepts, high school seniors correctly answered only 48 percent of the questions, down from 52 percent in 2006, according to the Jump$tart Coalition's recent survey on financial literacy.

This is an appalling fact. Most kids don't know how to manage money. Period. It's about time we taught them, isn't it?

Six Essential Money Skills from Kiplinger.com
10 Tips to Raising Money-savvy Teens