From elsewhere in The Post: Even 3-year-olds can learn the value of a dollar, says Neale S. Godfrey, author of “Money Doesn’t Grow on Trees: A Parent’s Guide to Raising Financially Responsible Children”(Simon & Schuster, $13).
Godfrey says children as young as 3 can start to receive an allowance for age-appropriate chores and learn to divvy up their earnings, including for donations to charity and long-term savings.
Staff writer Mari-Jane Williams spoke with Godfrey about how parents can raise financially savvy children. Read her article and let us know how you teach your kids about money.
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