Giving kids financial gifts
Filed under: Business, Stores and shopping, Marketing to kids
Are you tired of your kids asking for money or toys? Have you told them more than once that it's time they got a job, even though they're not even in kindergarten yet? Well, CNN Money has some ideas for you. They've put together a list of "5 gifts that will make your kids rich".I'm not sure any, or even all of these are guaranteed to make your kids rich, but they certainly may help. I'm thinking that The Sims 2: Open for Business may help teach some entrepreneurial skills and is certainly cheaper than the real thing, but I have to wonder how realistic it really is. I do know, however, that I want to set up a 529 plan for both Jared and Sara to save for college.
I have a friend who picks up recyclables whenever he can. When I complimented him on his environmentalism, he explained that it was for his son -- he takes the money and puts it away for him. "When he wants to start his own business, I want him to be able to fund it himself," he told me. That seems like a wise attitude. What do you think of CNN's list? What do you do to ensure your kids' financial futures?Read | Permalink | Email this | Linking Blogs | Comments