July 15, 2024

Bucks: A Camp Option, but Is It Useful?

Wealthy families have long realized that their children need to learn about money, Paul Sullivan writes in his Wealth Matters column this week. They will often send their children to retreats like the one run by Citi Private Bank, which focuses on investing, running businesses and giving money to charity.

Now there’s an option for the less-than-wealthy who want to teach their children money skills: summer camps. The question is whether these camps teach useful skills in a way that will be meaningful to the children.

What do you think about these camps? Have you ever sent your child to one? Or do you think your child would prefer the usual camps that offer programs on cheerleading skills or art and music?

Article source: http://feeds.nytimes.com/click.phdo?i=1a1efa07bc926e4ba09f901f11def87f

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