Money Never Takes a Vacation. Teach Your Kids About Money This Summer.

Many children learn much of what they know about money from their parents. Even though school is out for most students, parents can use the summer to be the teacher on a very important subject – money. The Pennsylvania Institute of Certified Public Accountants (PICPA) can offer parents tips on raising a financially literate child, no matter what age, including:

• How to spend/save an allowance
• How to develop a family budget
• Defining wants versus needs

Parents can help kids develop smart financial habits even during summer break! To set up an interview with a CPA who is a personal financial planning expert, contact Kathleen Miller at kmiller@picpa.org or 215-972-6188 or Jacqueline Barnard at jbarnard@picpa.org or 267-675-6255.