My girls think they are the luckiest girls in the world. And they are. Who goes on a month long vacation and come back home richer than they left? Their wallets are bursting with cash (not really, but you know what I mean) from grandparents and aunts and the weird thing is, they are not even itching to spend it as their shopping needs have also been totally satisfied by their aunts and grandma. Now all they want to do is run to the bank and save their loot. They have pretty good sense, if I do say so myself.
However, they can probably do a lot more about handling their money. Earn Smart - Spend Smart is a site tailored parents regarding kids, teens and money. The site provides great parenting tips on how to not only allowing kids to have some fun, but also tips on handling and investing money for your kids. Regular savings accounts, although a good start, are just not enough anymore. Smart spending and investing is also crucial in teaching kids and teens how to handle their money.