If your kid suddenly starts talking like W.M. Kiplinger – striking up dinner conversations about wants verses needs, budgeting, credit and investing – you can thank state government. The Department of Financial Institutions is sponsoring the National Theatre for Children’s “Mad about Money” tour to teach middle-school students about saving and spending. Professional actors combine improvisational comedy with life lessons.
“In a time when 33 percent of high school seniors already have a credit card and more than 40 percent of families in America live beyond their means, spending 110 percent of their income every year, it is critical that smart spending habits start early,” DFI Director Scott Jarvis said. “To do that, you need to reach younger students in a way that will have a lasting impact.”
The troupe will introduce more than 12,000 teachers and students to money management this fall. So be prepared when your teen explains why your family CAN afford that cute puppy.