Money Management Can Be Taught Early

By moneygodmother

When parents spend time talking about numbers with their preschoolers, the kids perform much in math class, according to a study by the University of Chicago researchers.

Results of the study, led by University of Chicago psychologist Susan Levine, were recently published in the article, “What Counts in the Development of Young Children’s Number Knowledge?” in Developmental Psychology. Other studies have shown that the level of math knowledge of a child entering school predicts future success.

So…does it follow then that when parents talk about money (it’s a numbers business, right?) with their preschoolers, the kids will have a higher financial IQ and be more successful?