Many parents try to explain to their child the current economic situation, but find the words get in the way, literally.  In order to explain anything there must be a commonly understood vocabulary.  And therein lies the challenge. 

The first challenge is the number of words related to the economy and financial matters, not counting all the acronyms like FDIC and APR.  The English language contains hundreds of word » Read more: Kids and Money — Developing Financial Understanding by Learning the Vocabulary of Money