NorthWest Families: Teaching kids about money, saving money on energy bills



Posted on September 22, 2009 at 1:27 PM

Updated Wednesday, Oct 21 at 11:47 AM

Teaching kids about money

I grew up in a home where money was rarely talked about.? Maybe that's because we didn't have any. ?My grandfather, a child of the Great Depression, stuffed hundreds of dollars in an old shed out back rather than put them in banks he didn't trust.? It wasn't until college that I had my own checking account and took a required economics course.? It was like learning a foreign language.?

So imagine a future where kids in K-12 would study reading, writing, arithmetic and retirement savings.? It could soon be a requirement for America's students.? Early this year, a recommended mandatory financial education for all students.

The reasoning was that a lack of financial understanding was partly to blame for the recent housing market collapse and Wall Street crisis.? University of Washington Professor Gary Ball is helping to teach thousands of kids across the country about personal finance.? Non-profit groups and (Distributed Education Clubs of America) offer an 18 week course for teenagers.? It's funded by the New York Stock Exchange. to check out our complete interview with Professor Ball.

Billionaire Buffet makes kids cartoon

Billionaire Warren Buffet is turning himself into a cartoon character in an effort to teach kids about cash.

In a web series called Secret Millionaire's Club... Buffett plays a mentor to a group of kids opening a candy store.

The series will make its debut this fall on . ?But if you want a sneak peak of the cartoon, .

Save on energy bills

It'll be winter before you know it.? And the average family spends $1500 a year on energy bills.? You can save some of your hard earned cash and lower those bills by air sealing your home and adding insulation in attics, and floors over crawl spaces.? Walk through your home to identify spots where energy is lost through gaps and cracks.? Start in your basement and move upwards.? Look for both visible gaps and cold or hot spots. Your pipes could be a culprit too, letting unwanted air into the house. Here's a of more places cold air may be creeping into your home.