Quantcast

Teaching kids the value of a dollar - Greenville, NC | News | Weather | Sports - WNCT.com

Teaching kids the value of a dollar

Posted: Updated:
TAMPA, FL (WFLA) -

If you're a parent, one of the hardest jobs can be teaching kids about money. How do you instill the importance of earning and saving?

Money expert Gary Marriage of Nature Coast Financial Advisors in Crystal River says, "The earlier parents can start teaching their kids about money, and the value of money, the better off they're going to be in the future."
With most adults using plastic to pay for things, it's hard to explain to children how money really works. "They see their parents to go the ATM and they draw money out, so they think that's where parents get money, is through an ATM" says Marriage.
Marriage likes the idea of having children open their own bank account where they physically deposit and withdraw money.
He is also a fan of giving children allowances they have to earn. "Allowances, I think, are good for doing different things around the house. It starts getting into their head. I've even instructed some parents to pay their kids every two weeks. Because 90% of the jobs out there pay every two weeks."
   

Don’t miss out on the day’s top Facebook conversations http://on.fb.me/18y81Cl

  • 8 On Your SideMore>>

  • Removal of tons of stinky rice near Port of Tampa begins

    Removal of tons of stinky rice near Port of Tampa begins

    Wednesday, July 30 2014 5:06 PM EDT2014-07-30 21:06:23 GMT
    The nasty stench near the Port of Tampa may get better soon. Dump trucks worked to remove some of the 1,000 tons of rotting rice on the private land Wednesday. 8 On Your Side discovered the shipment of bad rice, rotting under tarps on property owned by Tampa Marine Terminals on Tuesday.
    The nasty stench near the Port of Tampa may get better soon. Dump trucks worked to remove some of the 1,000 tons of rotting rice on the private land Wednesday. 8 On Your Side discovered the shipment of bad rice, rotting under tarps on property owned by Tampa Marine Terminals on Tuesday.
  • SAFETY ALERT: Saltwater bacteria kills 1 in Sarasota

    SAFETY ALERT: Saltwater bacteria kills 1 in Sarasota

    Wednesday, July 30 2014 3:50 PM EDT2014-07-30 19:50:00 GMT
    WFLA file photo.WFLA file photo.
    A death in Sarasota County has health officials reminding people about a bacteria in Florida's coastal waters that has the potential to cause serious illness, even death. Other counties in Tampa Bay have reported cases of Vibrio vulnificus.
    A death in Sarasota County has health officials reminding people about a bacteria in Florida's coastal waters that has the potential to cause serious illness, even death. Other counties in Tampa Bay have reported cases of Vibrio vulnificus.
  • An app that repels mosquitoes? We test it.

    An app that repels mosquitoes? We test it.

    Wednesday, July 30 2014 11:53 AM EDT2014-07-30 15:53:07 GMT
    Now, there's an app that claims to keep mosquitoes away. You can download the anti-mosquito sonic repeller on your smart phone.
    Now, there's an app that claims to keep mosquitoes away. You can download the anti-mosquito sonic repeller on your smart phone.

  • NewsMore>>

  • Removal of tons of stinky rice near Port of Tampa begins

    Removal of tons of stinky rice near Port of Tampa begins

    Wednesday, July 30 2014 5:06 PM EDT2014-07-30 21:06:23 GMT
    The nasty stench near the Port of Tampa may get better soon. Dump trucks worked to remove some of the 1,000 tons of rotting rice on the private land Wednesday. 8 On Your Side discovered the shipment of bad rice, rotting under tarps on property owned by Tampa Marine Terminals on Tuesday.
    The nasty stench near the Port of Tampa may get better soon. Dump trucks worked to remove some of the 1,000 tons of rotting rice on the private land Wednesday. 8 On Your Side discovered the shipment of bad rice, rotting under tarps on property owned by Tampa Marine Terminals on Tuesday.
  • SWAT team invades wrong house, Sarasota woman files lawsuit

    SWAT team invades wrong house, Sarasota woman files lawsuit

    Wednesday, July 30 2014 5:00 PM EDT2014-07-30 21:00:51 GMT
    Louise Goldsberry shows where she spotted the swat team before they entered her home Louise Goldsberry shows where she spotted the swat team before they entered her home
    In July 2013, Louise Goldsberry was washing dishes in her Sarasota apartment when she saw a camouflaged man with a large weapon outside her window.
    In July 2013, Louise Goldsberry was washing dishes in her Sarasota apartment when she saw a camouflaged man with a large weapon outside her window.
  • Closing arguments wrap up in McTear trial

    Closing arguments wrap up in McTear trial

    Wednesday, July 30 2014 4:33 PM EDT2014-07-30 20:33:43 GMT
    Attorneys had one last chance to try to sway jurors Wednesday before they deliberate if Richard McTear is guilty of throwing a baby out of a car window onto I-275.
    Attorneys had one last chance to try to sway jurors Wednesday before they deliberate if Richard McTear is guilty of throwing a baby out of a car window onto I-275.
  • Sign up for WFLA News Channel 8 Email Alerts

    * denotes required fields






    Thank you for signing up! You will receive a confirmation email shortly.
  • Most Popular StoriesMost Popular StoriesMore>>

  • Dramatic doggie makeovers put new face to pet adoption

    Dramatic doggie makeovers put new face to pet adoption

    Tuesday, July 29 2014 5:14 PM EDT2014-07-29 21:14:31 GMT
    What a difference a bath can make! Millions of shelter dogs across the United States just need a little bit of grooming and TLC in order to shine, as evidenced by these photos.
    What a difference a bath can make! Millions of shelter dogs across the United States just need a little bit of grooming and TLC in order to shine, as evidenced by these photos.
  • 8 ways to save on groceries without coupons

    8 ways to save on groceries without coupons

    Tuesday, July 29 2014 5:07 PM EDT2014-07-29 21:07:49 GMT
    Wikimedia Commons photo by Eja2kWikimedia Commons photo by Eja2k
    ShopSmart magazine sent undercover shoppers through grocery store aisles and discovered plenty of ways to lower your grocery bill.
    ShopSmart magazine sent undercover shoppers through grocery store aisles and discovered plenty of ways to lower your grocery bill.
  • Couple's selfie photobombed by lightning bolt

    Couple's selfie photobombed by lightning bolt

    Tuesday, July 29 2014 11:56 AM EDT2014-07-29 15:56:28 GMT
    A couple vacationing in Mexico was almost hit by lightning, a few sources including Washington Post reported Tuesday.
    A couple vacationing in Mexico was almost hit by lightning, a few sources including Washington Post reported Tuesday.
Powered by WorldNow

3221 South Evans Street
Greenville N.C. 27834

Telephone: 252.355.8500
Fax: 252.355.8568
Email: newsdesk@wnct.com

Can't find something?
Powered by WorldNow
All content © Copyright 2000 - 2014 Media General Communications Holdings, LLC. A Media General Company.