Money lessons to teach children for financial success

ASU finance expert says she sees a disconnect with her students and real-world money tips. Here are three lessons she says parents could share with their children.

ASU finance expert says she sees a disconnect with her students and real-world money tips. Here are three lessons she says parents could share with their children.

In this story aired March 10, 2022, on ABC 15:

Maybe you have a budget of $50 a month for your kids' clothing and spending money — give them the $50 and have them figure out how to spend it. And if they run out of the $50, then they have to wait till the next week.

– Debra Radway, finance lecturer