It's apparent lately that many of us have had some troubles (or at least little proper training)  understanding our own finances.

But maybe our kids will have a chance. As you may have read last week, this month is Financial Literacy for Youth Month in North Carolina.

The N&O had a story in the paper on Sunday, which I thought was pretty interesting. Said Erin Scheithe, fiancial education director for the N.C. Bankers Assocation: "Everyone at any income level needs to be honest and open about how money is earned and spent and saved ... People of all socio-economic classes have trouble with debt."

And some other tips in the story from folks who should know:

1. Just like sex, drugs and rock and roll, kids who don't get "the talk" from their parents will take cues from their friends. So take charge.

2. Don't equate having lots of stuff to being wealthy. Talk about consequences of debt.

3. Walk the talk.

4. One expert pointed to the book "Rich Dad, Poor Dad: What the Rich Teach Their Kids about Money" (why isn't it rich mom or rich parents ... anyway ... beside the point). The book recommends that when your child says he wants something, don't say "We can't afford it." Say "Let's figure out how we can afford that."

There are several local financial camps and programs for kids in the area, click here for details about them.

Check out our other daily themes at TriangleMom2Mom:

MONDAY: Meet!
TUESDAY: Ask!
WEDNESDAY: Eat!
THURSDAY: Play!
FRIDAY: Out!
WEEKEND: Relax!