Here's my conversation with Beth Kobliner about her book, "Make Your Kid A Money Genius (Even If You're Not)." We discussed how early you should start teaching your child about money, whether it's smart to tie their allowance to household chores, and why it's better to give them cash than a credit card. We also discussed why American kids get no financial education from their schools or their parents and why it's better to give college kids a lump sum at the start of a semester than a monthly amount.
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Beth Kobliner will discuss her book at the St. Louis County Library on Monday, March 13th at 7pm.