Encourage Your Kids to Collect

September 18, 2006 at 10:54 am (Cool Site)

http://www.bankrate.com/brm/news/pf/20060911a1.asp

Neat article on why kids should collect things.  In short, it helps them understand value and manage wealth later in life.

Having a collection of something — baseball cards, coins, comic books or, yes, even rocks or stickers — helps children and teens learn important math and money skills. In a time when the financial literacy of children is dangerously low, collecting is a hobby worth encouraging.

Bryan Lee, a Certified Financial Planner in Plano, Texas, says that going from collecting to understanding financial matters is natural. “Things that were complicated to some people came easier to me because of my experience collecting baseball cards,” says Lee. 

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