What if your children grew up to be three times more likely to earn at least $75,000 and had a high level of confidence regarding their finances?
Is that something you would want for them? If so, I’ve got interesting news.
Financially educated children become financially successful adults.
That was the conclusion from a survey published by Quicken, the maker of money-management software and provider of online services. Based on a survey of more than 2,000 adults, the company found that “People who learned about money as a child are three times as likely to have a personal annual income of $75k or higher than those who didn’t learn about money in their formative years.”
However, there’s a problem. About a third of the adults in Quicken’s survey said nobody taught them about money when they were children.
Good news: There’s a terrific solution to that problem. If you’re willing to teach your kids about money, there’s likely going to be a big…