Teach them well: why now--more than ever--it's important to communicate financial lessons to your children.
Black Enterprise › Vol. 41 Nbr. 1, August 2010
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B.E. BASICS
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Teach them well: why now--more than ever--it's important to communicate financial lessons to your children.
LAST SUMMER, 16-YEAR-OLD CALVIN O'Neal worked for the New York City Summer Youth Employment program at a public relations firm that paid him by way of a debit card. Many simply spent their earnings, but not Calvin. His parents, Eric and Theresa O'Neal, have been teaching him and his 13-year-old brother, Christian, about money management for years. "Twenty percent of every paycheck w...
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