Will our children face financial doom?

[dadsarerad]

I spend a lot of time surfing the web, browsing Youtube and updating my own blog. I came across an interesting video that tried to address this somewhat - http://www.youtube.com/watch?v=kxZhprrivw0 ... so I started this thread on Facebook with my wife's friends about how we got to this current state of the economy. And we got to talking about how to ensure our kids learn the value of money and what kinds of tips people had. I wanted to open up that conversation here about the kinds of things you're doing or plan to do to ensure our children don't end up in their own great depression? Is it little piggy banks as toddlers? Counting coins with mom and dad? what do you think?

[SenoraBella]

Great question. I think children need to learn the value of money from a young age, and then find out what their strengths are. In order for our children to live a successful, fulfilling life, we need to instill in them core values. The book, "Your Child's Strengths" is a tool that helps us as parents/caregivers discover the strengths that our children have within themselves. Once they know the direction in which to live their lives, then they can lead productive lives. The thread of our country is each and every citizen, starting with our children.

[thewoman]

It is a great topic. The problem I see here: kids today are very commercialized, and they like to shop and know that to buy video games, toys etc they need money. Sometimes they undertstand that money don't always come from parents (especially when they turn 18) but what I don't see them understanding is that "boring" stuff also costs money: grocery, laundry, dishwaher detergent, rent/mortgage, PG&E etc...