Timeline for How to teach personal accounting to an 8-year-old
Current License: CC BY-SA 3.0
4 events
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| Apr 5, 2018 at 11:00 | comment | added | I'm with Monica | This aproach could actually be combined with additional "book money" she has in an "account" at the parents bank. That would teach the basic concepts of banking without using a bank. As "full blown double accounting" is done, anyway, this shouldn't be too much trouble. | |
| Apr 4, 2018 at 16:10 | comment | added | Grade 'Eh' Bacon | Probably the best approach - simply recording all outgoing and incoming amounts one by one, periodically comparing against the actual balance. Ties in nicely with the idea of being cognizant of one's spending, as well. | |
| Apr 3, 2018 at 12:12 | history | edited | Daniel | CC BY-SA 3.0 |
added 132 characters in body
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| Apr 3, 2018 at 11:51 | history | answered | Daniel | CC BY-SA 3.0 |