Parents play a critical role in shaping a child’s attitude, knowledge and behaviors regarding finances. At a very young age, many children tag alongside parents during activities that include a financial component, like shopping and going to the bank. As early as ages 3 and 4, they may even have awareness that money changes hands […]
Parents, Models in Finance
WRITTEN BY: Joanna Fifner, Extension Educator, Ohio State University Extension, fifner.2@osu.edu
REVIEWED BY: Amanda Woods, M.Ed. Healthy Finances Program Specialist, Family and Consumer Sciences, Ohio State University Extension
SOURCES:
- http://psychcentral.com/news/2010/05/27/modeling-behavior-for-children-has-long-lasting-effects/14139.html
- https://www.extension.purdue.edu/providerparent/PDF%20Links/Modeling%20Behavior.pdf
REFERENCES:
- http://www.consumerfinance.gov/money-as-you-grow/
- http://livesmartohio.osu.edu/?s=kids+and+money
- http://livesmartohio.osu.edu/?s=unit+pricing