Debt Consolidation USA Helps Explain The Concept Of Money To Children

By on April 8, 2015

Dallas, TX (PRWEB) April 07, 2015

Debt Consolidation USA shared in a recently published article how parents can best explain the concept of money to their children. The article titled “5 Things To Help Children Understand The Concept Of Money” aims to guide families and households in carefully explaining to children how money and finances in general work.

The article starts off by pointing out that dealing with finances is not a walk in the park. There are a lot of people that have spent years trying to manage their budget but still end up with tons of debt under their name. There are even a lot of young consumers who are coming out of college who are facing student loans on top of their living expenses.

This scenario puts more importance in educating the young ones in the concept of money. The article shares that one way to do it is to correlate the concept of money with labor or work. This can help them appreciate the value of a dollar and not just rely on their parent’s wallets and pockets to buy the things they need.

It is also a good idea to teach children the difference between spending and investing even at a young age. It can be as simple as explaining their food choices where sweets will just give them temporary fulfillment while the healthy foods will keep them full longer and even help their body become stronger.

The article also shares that children might think that the credit cards are magical pieces of plastic that when waved can buy anything inside the store. Whenever children are around whenever a card is used to make a payment, it is a good idea to explain the concept to them. The in essence, the card just allows them to take out a temporary loan from a lender and that it needs to be repaid back immediately.

READ  Debt Consolidation USA Explains How A New Child Affects The Budget

To read the full article, click this link:


Last step, fill out the information below or call us for Priority Assistance.

What problems are you having with your report?

Your first name is required. Your first name is required to be at least 2 characters. Your first name cannot be longer than 50 characters.
Your last name is required. Your last name is required to be at least 2 characters. Your last name cannot be longer than 50 characters.
Your email is required.
Your phone is required. Your 10 digit phone number is required.
Your state is required.
Your age is required. Your age must be greater than 18. Your age must be less than 100.

By clicking on the "Contact Me" button above, you consent, acknowledge, and agree to the following: Our Terms of Use and Privacy Policy and to receive electronic communications. We take your privacy seriously. That you are providing express "written" consent for Debt.com or appropriate service provider(s) to call you (including through automated means; e.g. autodialing, text and pre-recorded messaging) via telephone, mobile device (including SMS and MMS - charges may apply), even if your telephone number is currently listed on any internal, corporate, state or federal Do-Not-Call list. Consent is not required as a condition to utilize Debt.com services and you are under no obligation to purchase anything.

By clicking on the “Contact me” button above, you consent, acknowledge, and agree to the following: (1)That you are providing express “written” consent for Lexington Law Firm, Debt.com or appropriate service provider(s) to call you (including through automated means; e.g. autodialing, text and pre-recorded messaging) via telephone, mobile device (including SMS and MMS – charges may apply), or dialed manually, at my residential or cellular number, even if your telephone number is currently listed on any internal, corporate, state or federal Do-Not-Call list; and (2)Lexington Law’s and and Debt.com’s Terms of Use and Privacy Policy. Consent is not required as a condition to utilize Lexington Law or Debt.com services and you are under no obligation to purchase anything.

About Research Department

Here is where you will find important stories located from around the web which can impact you and your financial life.

Share a Comment / Leave a Reply

karter-kiev.net/zaschity-kartera/fiat-47.html

www.karter-kiev.net/zaschity-kartera/honda-52.html

kinder-style.com.ua
%d bloggers like this: