Kermit and Elmo Teach Kids About Money

According to 2010 data from the Federal Reserve Bank of Boston, the average American household strangles itself with $14,750 worth of credit card debt. …read more

A friend of mine, who I work with, has consumer debts exceeding $150,000.  Perhaps that’s because my generation didn’t learn financial lessons from Kermit the Frog and Elmo.

But Sesame Street is coming to the rescue of the next generation, teaching kids how to spend responsibly, save their money for the future, and most importantly—how to give their money away.

I’m seeing a bright forecast for the kids who learn these lessons early, and I’m taking my hat off to Sesame Street.