“An investment in knowledge pays the best interest” – Benjamin Franklin.

The statistics on financial literacy are eye opening, particularly for low-income students. Many well-heeled families, though, don’t teach financial literacy because discussing money is often viewed as uncomfortable or taboo.

As an Ambassador for the Financial Awareness Foundation, the importance of teaching financial literacy is paramount, not only for the multigenerational families my firm serves, but also for the public. As such, I decided to ask my son three questions. Enjoy.

Teaching kids about financial literacy early in life gives them a head start on subjects that often aren’t taught in school: how to balance a check book, the difference between stocks and bonds, and compound interest, to name a few.

If you’d like to receive financial literacy resources to share with your family members, friends, and others who you think would benefit from them, please use the following link:

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We’ll happily provide you with the tools that we’ve found resourceful in teaching financial literacy.