Wednesday, November 19, 2008

kids and money

I have been thinking about finances more and more...along with reading Dave Ramsey's Total Money Makeover and watching Suze Orman.


So, my questions are about Anna,


*When is too young to have her start learning about money and its value?

*At what age should she start learning about giving? (I will say that right now when she gets money - change from my wallet - she puts money in two piggy banks; one for long term savings and the other for Love Without Boundaries)

*What age is to young for me to start a retirement fund for her (along with the college fund)? I was thinking of depositing money in a Roth IRA (if I can) and walking away for the next 60 years.

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