Financial Literacy for Kids: 10 Effective Ways To Build Good Money Habits
The tips and ideas below will cover a wide range of financial topics for just about every age and stage. I hope they'll help you discover new ways to teach your kids about money.
Financial literacy means having the knowledge and skills to manage your money successfully and confidently.
What Is Financial Literacy?
Now that we've defined financial literacy, it's time to get into the tips. Here are ten ways you can start building good money habits in your kids today:
Children constantly observe and learn from people and the world around them. Therefore, one of the best ways to instill financial literacy in kids is to model good money habits.
1. Model Good Money Habits
Fun way to do that would be to pick out a piggy bank together, then deposit money they earn, find, or receive.
2. Teach Your Kids How To Save
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