Learn About Money Early

If money is so important in everyday life, how come we learn about it in a very passive manner? And to make things worse, much later in life (at least for the majority)? Isn't it something we should have been learning when we were learning about all the other important things that are required in life like...well, the year World War II ended or when man first landed on the moon? The second one actually has had very little to do with my financial status but I digress. Back to the issue at hand.

We need to start early but just how early is early to begin to learn about what money is, how it is made, how to use it wisely, how to multiply it, how to make it work for you etc? Most of the education we have is about how to account for the money but not how to earn it or multiply it. There is a lot of information about how to spend it, good and bad. But again, I digress. When is it wise to start learning about money?

I think as early as possible. I started teaching my son about money a few months ago and he is really showing great acumen for it. He is seven but some of the concepts he has grasped are things I learned  in my late teens. I am sure that as my "home study course" continues, he will be better armed than I am. Just last weekend, he and his sister asked me if they could plant some vegetables to eat and some to sell so they can make money...seriously. I think by the time he is in his late teens, he will be able to have enough to pay for his own school and things and his mother and I get to breathe easier financially. Personally, I think that we should start as early as possible and however late you think it may be is never too late.

If you want to learn more about money, I recommend my friend Henry's course entitled Money 101. You can contact him by clicking here.