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Janet Bodnar: My name is Janet Bodnar and I am Deputy Editor of Kiplinger's Personal Finance Magazine and I am also author of the book, Raising Money Smart Kids and today we are going to talk about Raising Money Smart Kids. I am going to cover a lot of different subjects, everything from allowances to credit cards, from preschoolers to teenagers. We are going to do a lot of things. I am going to give you a lot of good information I think. Good information that I have meant, from writhing about this topic since 1993.

I should tell you as another part of my resume, I have three children of my own. So they have grown up with this. As I have been teaching them about money, they have been teaching me about money. So we had a lot of really good give and take and I have talked to hundreds of parents over the years and they write to me. I write a weekly column as well as the book. I write a weekly column for kiplinger.

com, which is called Money Smart Kids and I write the same column for Kiplinger's magazine. So, I have heard from hundreds of parents over the years, telling me what works and what doesn't work with their kids. So today I am going to give you some practical advice that I think you will find entertaining as well. So let's get started.

Expert: Janet Bodnar

Janet Bodnar is deputy editor of Kiplinger's Personal Finance magazine, for which she has written articles on a wide range of topics, including investing, money management and the economy. Bodnar is a nationally recognized expert in the field of children's and family finances. Her latest book is Money Smart Women: Everything You Need to Know to Achieve a Lifetime of Financial Security (Kaplan). She speaks More »

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In this video, Deputy Editor of Kiplinger's Personal Finance and author Janet Bodnar answers questions on the many issues surrounding what kids should know about money.

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Tags: Money, Finances, Financial, Banking, Bank, Account, Funds, Allowance, Kids, Children, Child, Parent, Job, Career, Work, Working, Invest, Investments, Investing, School, College, Chores, Expenses, Credit, Debit, Card  

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