9/27/22-It Just Makes Cents: BYU Study Shows Children Need Hands-On Experience to Learn Financial Responsibility
- September 27 2022
- By: info@njcfe.org
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It Just Makes Cents: BYU Study Shows Children Need Hands-On Experience to Learn Financial Responsibility
September 22, 2022 | news.byu.edu
Children who are given opportunities to manage money when they’re young are more likely to be financially responsible as they enter adulthood, says a new study from BYU.
“It’s evident that what parents do when their kids are young affects their financial outcomes later,” said Dr. Ashley LeBaron-Black, BYU professor of family life and lead author of the study. “Beyond talking about money management, it’s really important for parents to give kids an opportunity to manage money and make decisions with money from a young age.”
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