Everyday we are faced with financial decisions, one of our toughest decisions is when or how to educate our child about finances. Will it be when they get their first paycheck or when they go off to college? How about middle school? Incredible? Far fetched? Maybe, but no unattainable.

Located in Marina Del Rey, CA is a finance firm educating youth as young as nine into the world of finance. Children are taught how to prepare a budget based on their allowance or expected gifts and how to use that budget to save for their future and planned purchases. i.e. video games.

Other subjects also addressed are: calculating and understanding sales tax, calculating interest and dividends based on the money a child saves.

Parents of older kids need not worry, there are also subjects taught to students about; understanding their paycheck, the pitfalls of credit cards and how to manage student loan debt and avoid becoming another statistic. Pen and Paper teaches a wide array of courses and these are just some of the subjects currently being taught.

Which one has the greatest impact on your child’s life?

So much attention has been given to the potential impact cigarettes have on our children. But has anyone stopped to think about the impact credit cards are having on our children? Is the advertising and solicitation of unwanted credit cards any worse than the marketing and advertising of cigarettes? We are trying to burn the cigarette advertising at the stake, while credit card pre-approval applications are being sent out to high school and college bound children by the droves.
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