Written By: Alice M. Crites, Patricia A. Behal, Virginia A. Haldeman, and Kymberley K. Bennett
Parents of young children who participated in a home-study family financial management program reported a change in their financial behaviors following participation in the lessons. These parents, who subscribed to Money Sense for Your Children (a six-lesson parent newsletter series), changed the way they teach their children about money, changed the way they think about family money management, and reported doing things differently because of the lessons. The majority of participants indicated that after the lessons they engaged in more of the ten recommended financial management practices than they had previously. Key words: Children and money, Financial education, Financial management, Financial socialization, Money attitudes
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