Every week (or so) we like to share the best articles and videos about financial education, stewardship, wealth, and next generation leadership. This week:
- On the New York Times’ always great Economix blog, Catherine Rampell reports on a new study that finds wealthy people are more likely to make better parents. Essentially, “by dodging the constant stresses of poverty, the wealthy have more bandwidth for rearing children.”
- Financial education works, a new study of financial literacy for Freshman college students found.
- Expectations for when young people should be financially independent are getting more lax, Rampell also reported. This was just one of the fascinating tidbits from she highlighted in review of a new Pew Research Center poll.
- A piece with a troubling undercurrent CNN attempted to calculate the value of Mitt Romney’s kids trust funds.
- “It baffles me that we teach our kids about sex, we teach them about drugs, but we do nothing about teaching them financial education,” Reuters reported Fidelity’s president of asset management and corporate services as saying.
- “We’re stuck with that sort of Stone Age brain, trying to do modern financial decision-making with it,” U.S. News and World reported in its look at the mental roadblocks to sound financial behavior.
- ALSO… Joline Godfrey is working on a new edition of Raising Financially Fit Kids and she wants your input. She writes:
“I’m in the middle of writing a revised and updated edition of Raising Financially Fit Kids and I need your help. What did you like most about the original Raising Financially Fit Kids? What would you like to see in the next edition?
Leave your comment below and let me know. The first 10 helpful suggestions will get a free copy of the book when it comes out.”