Kids And Money

Pre-paid debit for kids?

Keith asks Dave's opinion of pre-paid debit cards for kids. Dave isn't a huge fan, and he suggests teaching children to handle money responsibly from a young age is a better approach.

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The teacher was wrong

Allison's daughter was given some inaccurate financial information by a college instructor. When Allison asks how to handle the situation, Dave gives her some practical advice and an amusing story regarding one of his own daughters.

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Son's First Paycheck

Amy's teenage son is about to receive his first paycheck. She asks Dave and Rachel about saving, spending and teaching him to set goals.

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How to Teach Small Children About Money

Monica has started her 4-year-old on a chore chart. She has his envelope system set up but has trouble helping him distinguish between saving and spending. How can she do that?

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