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Jewish World Review Bookmark These: Teaching children about the value of money By Reid Kanaley http://www.JewishWorldReview.com | (MCT) Recession actually may be good for teaching children about the value of money — because there's less of it around — as well how to make and save it. These sites could assist parents and teachers in the art of raising smart consumers. How-to. Yahoo Finance comes to the rescue here with an outline for explaining to youngsters where money comes from and, particularly, how important it is to start saving and investing early in life. The graph titled "Your child could become a millionaire" could even pop the eyeballs of grown-ups. It illustrates the power of compound interest — a subject that has taken a beating during the downturn. http://go.philly.com/child1 To-do. One of the best comments here is: "Don't let your kids waste any time figuring out who is responsible for their financial futures." The article at a site called Personal Finance Advice lists 10 things to do for a child's financial future. Among the practical points are to teach by example, make them work for it, and something that many people apparently lost sight of in recent years: "Teach them that if they don't have the money for it right now, they can't really afford it." http://go.philly.com/child2 Money lessons. The Motley Fool financial-advice site says to steer youngsters to thinking about money lessons, though that's easier said than done. An unhealthy sense of "narcissistic entitlement" from a young age is resulting in financial ruin for people, says this article. Among the suggested cures is teaching children the value of giving instead of getting, and explaining how marketing works to create a desire for stuff. http://go.philly.com/child3 Money instructor. This site is full of economy-related lesson plans and study guides for teachers, parents, and groups. This page has links to a list of business opportunities for teenagers, instructions on how to manage allowances, and worksheets on "consumer math," such as how to calculate discounts. There's even printable play money. http://go.philly.com/child4 Every weekday JewishWorldReview.com publishes what many in the media and Washington consider "must-reading". Sign up for the daily JWR update. It's free. Just click here. Comment by clicking here. Previously: Facing foreclosure Just DIY Starting your own business Some help for the sandwich generation Trying not to ‘overqualify’ The art of the deal How to save money Paying for college Hanging onto your job Got game? These sites got cheats Who are you? Online power tools Here's how Crazy contraptions Turtles away! Poetry in action In the news That's life Download this Nature blogs spring to life That was then; this is now Is your number up? Listen up “300” more than Ancient history Looking for E.T. Put on a smiley face :-) Speaking of accents In the news AnsaThat finds its answer On top of the world Another day, another dollar Prank you very much How much is enough? Sound off Readers have questions, concerns Quick, give me a word Driving you crazy The joy of Bob Ross Online goes prime time You don't need to know this Remembering the creator of Scooby-Doo Do-it-yourself art ‘Leave me alone!’ Special deliveries Weight-loss journeys Daily routines Working without a map Just you watch! New year, new diet Your mail answered Chatting: Central characters Wonders never cease Secret messages For your consideration Freaky food forays Best of 2006 online Missed marketing H.G. Wells’ legacy endures A quest for dragons E-mails you've sent In the news It's free! Websites that help you find books that are right for you Coping with illness Some serious face time Some serious face time In reply to your e-mail ... Turn your handwriting into a computer-based font that will allow you to churn out homespun greetings Music for everyone 'Elusive planet' can be viewed clearly from Earth with the naked eye Central characters E-mail @ 35 Idle chatter Funny money Classic artwork in motion For an unusual Thanksgiving Your slip is showing Best of the worst Test your mind power Remain anonymous © The Philadelphia Inquirer. Distributed by McClatchy-Tribune Information Services.