Saturday, June 4, 2011

Financial Literacy for Children

The future of children's financial literacy was examined as part of the PBS newshour 'Making Sen$e' segment with Paul Solman yesterday.

Stanford University reports in recent findings:
- Self control by age three has accurately predicted children's 'future prosperity';
- Self control is certainly more important than socio-economic status in terms of long term success.

Some provocative points are made and it's a fun short program to watch!
Who wouldn't want to help their child save and develop the necessary character traits for a successful future?

Watch the full episode. See more PBS NewsHour.