We believe that children are the future, but in the meantime, they are wallet-draining little brats. In today's personal finance round-up, buy your kids cheap clothes, teach them about money, cook them a good cheap meal, and make them get a paper route.

Teaching your children about wisely using money is one of the most important skills you can impart upon them (that, and how to throw a left hook that no one sees coming - trust me). The Journal Sentinel's Bob Helbig has a quick list of ideas of broaching the subject of moolah with your little offspring (via Consumerist).

Along the same lines, if your kid has a job, Mighty Bargain Hunter asks if shouldn't they help pay some of the household expenses?

The Centsable Momma has some great advice on where to find good used stuff for kids.

No Credit Needed discusses an alternative to allowance - the Kid's Fun Fund.

Summer is approaching, and camping is a great way to get the whole fam-damily out, about, and enjoying nature. Lazy Man and Money explores how to get out in the woods without having to sell your kids in order to afford the camping stove.

Prime Time Money discusses ways in which reproducing may actually force you to be frugal.

Breakfast is the most important meal of the day, so if you really want to save some dough, you will only feed your children breakfast. Here are some healthy, frugal ideas for that one meal from Money Saving Mom. Once they are fed, you can drop them off in the ballpen at IKEA and have yourself a free breakfast (this weekend only). Hope you like pickled herring.

Other ways to save money on your little angels:

  • Wal-mart is lowering the price of children's eyewear, so if you've been waiting to give Timmy the gift of sight and social banishment, now is probably the time, according to Main Street. Be sure to consider braces as well if you want your child to remain a virgin well into his twenties (and I know you probably do).
  • Attention K-Mart shoppers. Next week, K-Mart is once again doubling coupons ($2 and less). Now would be the time to purchase the set of luggage for your eldest child, who is about to alight to college and leave you completely penniless. The Centsible Sawyer
  • Baby Cheapskate found that forgetting to renew a Sam's Club membership will send Sam's Club crawling to your front door in the form of a $10 discount off of membership costs. That's a pack of diapers right there. Well, a small pack.
  • One of the best ways to save money on your kids is to keep them out of the hospital. American Consumer News outlines some of the top hazards in your house.

If you have any ideas for the best of personal finance round-up, please share them in the forum.