Stone Soup by Jan Eliot for June 04, 2005
Transcript:
Wally: Andy-? What have they taught you about money management, compound interest and investmaent strategies in high school? Andy: I think they figure we'll learn all that when we're adults. Joan: It is kind of an adult topic. Wally: Do you know how many 18-year-olds are in over their heads with credit cards?! Andy: I can get a credit card in three years?! Can I get more than one?
Parents need to learn how to do their own finances. Then they can show their kids by example. Give, Save then pay bills. you’ll be surprised how much more life you can get out of living on 80% of your take home pay.