Money advice from kids to grown-ups

Yesterday, I had the pleasure of talking with several elementary school children about money. On camera, I asked them to give some financial advice to grown-ups. Some of their great suggestions were don’t spend more than you earn, only eat out once a month, don't buy things you don’t need, and don't go over your cell phone minutes. My personal favorite piece of advice: “Don’t be a fool!”

Kim McGrigg is the former Manager of Community and Media Relations for MMI.