Warren Buffett discusses why he decided to take to the small screen — in cartoon form — to bring financial education to kids in his animated show “The Secret Millionaires Club.”
· The right age to teach kids about money: “It’s never too early. Whether it’s teaching kids the value of a dollar, the difference between needs and wants, or the value of saving. These are all concepts that kids encounter at a very early age, so best to help them to understand it.”
· The importance of early influence: “So many adults get into financial trouble, in business and in their personal lives, because of bad decisions. We hope to influence kids at an early age so they learn to think about their actions, and the consequences of making bad decisions. It doesn’t just influence success in business, it influences your family life as well.”
· The importance of parent viewers: “We created Secret Millionaire Club for kids, knowing it would also help parents. And it has. It provides stories that kids can relate to which help them understand different situations in business and in life, and hopefully help them develop the skills to make good decisions their whole life.”
View the full Q&A at Yahoo! Finance here: https://yhoo.it/102LtDu