The power of the piggy bank: Five ways parents can teach their kids financial literacy

Washington University in St. Louis researcher Michal Grinstein-Weiss, PhD, associate professor of social work at the Brown School and associate director of the Center for Social Development, is lead author on new research that studies loan activity in low- and moderate-income homeowners. The research confirms: financial literacy begins at home. Grinstein-Weiss offers five steps parents can take to drive home the power of the piggy bank.