philanthropy

Generosity: The Missing Piece of Money Literacy

Plenty of experts have written about raising financially literate children, but surprisingly few mention the important role of generosity and sharing. Fortunately, no matter what your family income, it's easy to establish fun, meaningful family habits that teach children about giving.

 

Create a Family Giving Circle

Giving Circles make for fun and effective philanthropy, whether you have $5 or $500 to give. The idea is that individuals pool funds, then decide as a group where to donate. By creating a Family Giving Circle, you can use this same concept to teach your children about charitable giving. They'll love having a big say in donation decisions and will learn firsthand about this crucial way of sharing.