Keep the Information Flowing
Small contributions go a long way. Your donation to Consumer Action, a 501 (c)(3) nonprofit, nonpartisan organization, can help us cover the cost of research, writing, and translation of our materials. To keep our services free for those who need them. Select an amount to give.
Released: November 30, 2011
A great gift for kids is a lesson in finances
Source: Jayne O'Donnell, USA Today
If your child is asking for Ugg boots, a pricey hot toy or a smartphone for the holidays, it’s time for a teachable moment.
Even if your kid has less lofty tastes, the holidays are still a great time to hammer home some important financial lessons.
“Parents want kids to have everything they want, but if they’re not teaching limit-setting, it’s doing them a terrible disservice,” says money coach Olivia Mellan.
Read Full Article: A great gift for kids is a lesson in finances
Quick Menu
Support Consumer Action
Join Our Email List
Press Menu
Consumer Help Desk
- Help Desk
- Submit Your Complaints
- Frequently Asked Questions
- Links to Consumer Resources
- Consumer Service Guide (CSG)
- Alerts
- Consumer Booknotes
