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Ornella Grosz, author of Moneylicious: A Financial Clue for Generation Y received the following press in the past few months.
In the article titled “Invest in financial teaching tools” published by Bankrate.com Grosz was quoted as saying ”
Kids can learn even from the gift of cash, says Ornella Grosz, author of “Moneylicious: A Financial Clue for Generation Y.” Have the child put 20 percent to 50 percent of the amount given into a savings account, she says. “It doesn’t have to be elaborate. A piggy bank, savings account, even a box or jar will work. The point is to understand the value of money,” Grosz says.”