It look's like you don't have Adobe Flash Player installed. Get it now.
The Discovery Center is a hub of activity this week. In the auditorium on the second floor a handful of kids came to hear Missouri State Treasurer Clint Zweifel’s money advice. He talked to them about budgeting—about how it’s ok to spend some, but you need to save some, too.
According to Zweifel, it’s important for parents to teach kids about budgeting early.
“The financial decisions that we make as adults and young adults, they don’t just happen in a vacuum, they don’t happen overnight. They begin early on. Developing good habits early on is really important, and I think when children begin to receive allowances, that’s a good time to sort of begin incorporating some of those habits into their lives,” he said.
The exhibit, Moneyville, currently at the Discovery Center, uses various fun activities to teach kids about money and to help them make good choices.
“It’s about incorporating community into an exhibit like this so that kids have a chance to be exposed to, you know, fun ways, creative ways to begin thinking about money for the first time for many of them. You know, it’s a lot easier sometimes to absorb these lessons at that age in a fun place like Discovery Center than it is in a classroom, so this is a nice way to complement other places where they’re getting that learning,” he said.
Zweifel promote MOST, Missouri’s 529 College Savings Plan, which allows people to open up accounts with as little as $25 a month.
For KSMU News, I’m Michele Skalicky.