Kids and Money: 5 Ways to Instill Good Habits

CBS:

Try it. You’ll like it.

It’s a lie that parents tell their kids all the time, and it’s usually about food. But now there is evidence that even if kids don’t like, say, an icky vegetable, if you can get them to keep sampling the food eventually they will grow to enjoy it.

And if it works with Brussels sprouts, why not with other distasteful things like budgets, saving and investing?

First, a word on vegetables. British scientist Jane Wardle found that kids ages 4-6 were willing to eat veggies they did not like if they were paid (in stickers) to do so. No real surprise there. Who wouldn’t choke down their spinach for a Super Sticker Assortment? The shocker came later: three months after the bribes ended many of the toddler mercenaries were eating their peas for free.

Read the whole story: CBS