[jsfg_cinti] Financial literacy
- From: "feldman8396" <feldman8396@xxxxxxxxx>
- To: "JSFG Main listserv" <jsfg_cinti@xxxxxxxxxxxxx>
- Date: Sat, 17 Apr 2004 00:52:20 -0400
Here is some information for both kids and adults. Note the reference to the
Virtual Stock Exchange at CBS MarketWatch.
----------- Excerpt from CBS MarketWatch article ---------
Financial literacy
April is Financial Literacy Month, and while the EBRI study shows the
importance of adults getting a handle on their finances, almost everyone has a
hand in helping to improve the money sense of future generations. With that in
mind, and in the hope that future generations score better in retirement
surveys, here are five of my favorite Web sites for teaching children about
money:
Escapefromknab.com -- My all-time fave for teaching young adults about the
financial choices that come with getting a job and the risks associated with
spending and saving decisions. You're playing an interactive game here, and it
can be a lot of fun. Adults probably won't miss the irony that adventures on
Planet Knab are sponsored by U.S. Bank; "bank" spelled backwards is knab.
Lemonadegame.com -- Simple and fun, this is a great way to help your kids see
the ins and outs of running their most basic business. By playing around with
the inputs and paying attention to their customers, they can learn about profit
margins, inventory and more.
Sfcommoncents.com and Moneyinstructor.com: The Common Cents Web page is newly
developed by the folks at State Farm Insurance - one of the sponsors of the
EBRI survey - and like the instructor site. it has something for children of
all ages, from pre-schoolers to young adults, as well as good teaching
materials for parents and educators. The instructor site is perhaps just a bit
more useful for young children, while I like the materials for early teens
better at Common Cents.
Long before I joined CBS MarketWatch, I thought the "virtual stock exchange"
was a site I liked for teaching children and grownups about investing and
managing money in the market. Today, it's a free service of MarketWatch, and
you can get there by going to the Virtual Stock Exchange.
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