MarketWatch 4/27/08 - MarketWatch - By Marshall Loeb
Five ways to recession-proof your kids

In a troubled economy, it's more important than ever to talk to your kids about finances.  Concrete steps now can help them become money-savvy adults.

Lead by example.  Instead of letting your kid roam the cereal and candy aisles, use a trip to the grocery store as an opportunity to teach money management.  If rising costs during a recession prompt you to clip coupons and make creative use of cheaper ingredients, show your child the ways in which you save.  "[My kids and I] look at produce and look at the price per pound and try to buy stuff that's on sale," says Karen Hoxmeier, founder of and a mother of three.  "They look at it like a scavenger hunt, they compete with each other and say, 'I caught this one, it's this much cheaper than that thing they picked out.'"