Q: I’m concerned that my kids aren’t learning enough about how to take care of money. Do you have any suggestions for how to start?

A: There are a number of good books that can be helpful to both parents and kids, including Raising Financially Fit Kids and Money Sense for Kids , both available through Amazon. We also thought this post had some good tips .
The bottom line is that kids need some real experience, with opportunities to fail, experience disappointment, and buyer’s remorse. They also need to learn the enjoyment that comes from successfully achieving a financial goal. As they grow, giving them more responsibility for discretionary items like clothing and entertainment will help them learn in a lower stakes environment.
Nothing beats real experience.