Get the latest Flash player
View All Videos In This Series
Transcripts
Host: Should children be introduced to banking?
Rene Hackney: It's a nice idea to introduce banking to children as well. If they haven't already by age nine, taking them to the bank and setting up a separate savings account, that maybe where you start to get into saving for a car or saving for college because they are now nine or ten years old and you are giving them that management. In their teen years, many children can manage a checking book, a checking account, where they keep track of the money they put in, in the checks that they write or an ATM cards or they are able to, or even a prepaid ATM type card, where they are able to use and manage a certain amount of money. Children tend to ready for that though if parents have started early at three, four and five years old with managing the smaller expenses.
Expert: Rene Hackney
Originally a full-time preschool teacher, Dr. Rene Hackney now holds a Master?s in school psychology and a PhD. in developmental psychology from George Mason University. She trained at the Developmental Clinic at Children?s National Medical Center and for the public schools, teaching in parenting programs at each. She has also acted as a consultant to several area preschools.For the last four years, Dr. Hackney has More »
About This Video
In this video, parenting educator Dr. Rene Hackney reviews the guideline for teaching children about money and the role of chores and allowance. This information is provided by age and includes teaching about More »
This expert:38995 views
This video series: 1503 views
This video segment: 112 views
Tags: Money, Finance, Child, Children, Parents, Parenting, Banking, Allowance, Chores, Work, Job, Spend, Save, Savings, Charity, Living, Expenses
Comments: 0 (Read Comments) (Add)
Delicious 
Reddit
Facebook
Stumbleupon
Other Videos
-
Ted Feinberg shows you what you can do if your child is being bullied.
-
-
In this video Dr. Jack Naglieri discusses a variety of topics related to ADHD. They More »
-
In this video, parenting expert Dr. Rene Hackney covers ways to prevent whining and More »
-
In this video, Certified Health, Nutrition and Wellness Counselor, Lisa Wilson will More »
-
In this video, parenting educator Dr. Rene Hackney describes the differences between More »
View Comments (Add Comment)