Should you wait to teach your children about money?

In this Video Blog Series Phil is answering questions that have been submitted by readers.

Today’s question is “Should you wait to teach your children about money?”

.

Phil shares six thoughts that will help you with this.

• My answer is DEFINITELY NO, don’t wait!
• Start with very basic things with your pre-school kids.
• Pocket money allows them to learn by playing.
• Help your children to Share, Save and Spend.
• Use the power of goals to develop the discipline of saving.
• If you wait, it will be too late!

.

Watch out for Phil’s next book – Kids and Money – released late in 2009.