Contact Us

National Effort Aims to Teach Kids How to Save [AUDIO]

stevendepolo,flickr

ST. CLOUD — Kids around the country are learning important lessons in saving money Tuesday.

The 17th annual National Teach Children to Save Day is looking to reach kids at a young age, with hopes of promoting good money practices.

Bruce Helmer is the founder of Wealth Enhancement Group. He says the program is important because few kids are learning financial lessons in school.

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

Helmer says parents shouldn’t be afraid to talk about money with kids. He adds that you’re never too old to learn about money or good saving habits.

Helmer says there are tools that exist that parents can use to teach money issues to kids.

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

Helmer says giving kids an allowance and letting them handle money can teach life-long lessons.

A list of additional basic tips for parents include setting up a savings account, investing in simple mutual funds and even opening an Roth IRA when the child begins to earn an income.

“There is no better long-term investment vehicle than a Roth IRA,” said Helmer.

You can hear Helmer’s “Your Money” program from 8:30 to 10 a.m. every Sunday morning, by listening to AM 1240 WJON.

More News from WJON

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://wjon.com using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on AM 1240 WJON quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here.

Sign up for an account to comment, share your thoughts, and earn points to get great prizes.

Register on AM 1240 WJON quickly by logging in with your Facebook account. It's just as secure, and no password to remember!