The month of April is recognized in the United States as National Financial Literacy Month. This month is chosen to stress the importance of financial literacy and teach Americans how to establish and maintain healthy financial habits. In light of continued economic challenges sound money management skills are needed more than ever to cope with increased uncertainty, dealing with debt and possibly facing lay-offs, foreclosure or personal bankruptcy.
What better way to make an impact than by practicing some of those sound money skills with your children?
Karyn Hodgens of http://www.kidnexions.com is an expert in teaching basic financial skills to kids. To celebrate the Financial Literacy Month April, her site is doing a 15-day online challenge called Beyond-the-Piggy-Bank which starts Monday, April 5. She describes it as a way for parents to set up a money "system" with their kids and also learn how to teach money as a part of every day life.
The challenge is free and you can sign up here:
http://www.kidnexions.com/BeyondthePiggyBank.htm
Oh and sorry, this is not an April Fool's moment...
Best of luck with the challenge and here's to a frugal month of April.
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