Financial Literacy at the Dinner Table

The recent economic crisis has created a need for students and families to have the education and tools that are needed to make sound financial decisions that help foster a thriving economy. Here are three tips to improving the financial literacy of your family:

• Have weekly “family finance” meetings – During these meetings you can help individual members set and report financial goals, play games that teach money management or assemble to balance checkbooks.
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• Launch “money parties” – Take a community approach to learning strategies for financial literacy, by teaching a curriculum to youth in your child’s inner circle. There are many resources available to those interested in teaching principles of financial literacy to children and teens.