Many adults have. For some reason, percentages are intimidating. These activities can make your child more comfortable with them:

  • Save your junk mail until you’ve collected a few credit card offers. Have your child figure out the interest on a $100 purchase for each card. Which is the best deal?

  • Give your child a store receipt. Suggest that he figure out what the total would have been if your state’s tax rate were different.

  • Request brochures from local banks. Help your child figure out where it makes sense to open a college fund. Consider a savings account, CD or other investment.

  • At a restaurant, tell your child that he can spend a certain amount, such as $10.00. Have him figure out what he can afford, including tax and tip.

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