Teaching children about money is one of the most valuable gifts you can give them – these lessons last a lifetime.
Start early with simple concepts like saving, spending, and the difference between wants and needs.
Let kids make small financial mistakes when the stakes are low so they learn from experience.
Give them an allowance or opportunities to earn money, then guide them in making choices about how to use it.
Model good financial behavior – children learn more from what they see than what they’re told.
Talk openly about family financial decisions in age-appropriate ways.
Children who learn about money early are more likely to be financially successful as adults.
