This boolet on children and money management, 1 in a series of 12, covers all the basic aspects of personal- and family-money management. Suitable for use by high school and college students as well as adults, this handbook offers guidelines for teaching money-managing skills to children, from preschoolers to high school seniors. The first two sections discuss the rationale for teaching young people to manage money and to arrive at intelligent financial decisions. Topics in section 3 are of primary concern to parents, including examinations of one's own money-managing techniques, guidelines for creating a healthy psychological climate in the home, and benefits of child involvement in family financial planning. Section 4 focuses on young people's sources of money. In section 5, pedagogical suggestions are made for tailoring teaching to children's readiness. Section 6 discusses basic learning experiences in teaching young people how to manage money: shopping, using a spending plan, saving, opening checking and savings accounts, using credit, working in the labor force, and managing stock ownership. Section 7 offers suggestions on handling common money problems: losing money, overcoming financial envy, hoarding money, failing to buy necessities, overspending, stealing, failing to repay loans, and reimbursing owners for breakage. Following a brief note on consumer education is a list of suggested resources. (YLB)