Raising a Non-Material Girl (or Boy) in a Material World
In response to the 5,000-message-a-day onslaught of advertising from all sides; online, onscreen and even on the school bus, financial consultant Nathan Dungan prescribes the “Share Save Spend” program to prevent materialism from taking hold of your kids.
The program is designed to help kids get resist advertising and understand the value of money and how to use it wisely. It works like this: children are given an allowance at age five and are required to save one quarter of the funds, share one quarter, and spend only half of the funds. The approach is based on research that shows people who understand how to save and share are generally happier and healthier. (More on the program and links after the jump.)
