WSJ- 15 Money Rules Parents Should Teach Their Kids

This a quick, but interesting read on introducing, and teaching children about finances. There are a couple points I really like. (1) Kids should earn money before they spend it. Sounds simple enough, but we might 'extend credit' to our kids too readily. (4) I'd like to think I'll be able to help our kids understand that there are certain things we expect and do not necessarily merit a 'reward'. (8) Although the money is technically 'there' and available, we shouldn't completely deplete our savings. (9) Allow kids to make bad decisions. (11) I like the idea of teaching kids about financial markets and economics. (12) Allowing your kids to make decisions about charitable interests, presupposes your child has, or is learning about, charitable interests. I hope we'll be able to show our children, and inspire in them, an interest in charity- on many levels.

http://online.wsj.com/article_email/SB126973100584968825-lMyQjAxMTIwNjI5NzcyMzcxWj.html