Teaching kids about money can set them up to have a solid financial future. But most of that teaching needs to start at home.
Experts have long encouraged parents to set positive examples of financial behaviors. But before showing kids how to open a bank account or how a credit card works, teaching them the how’s and why’s behind basic financial principles is a necessary foundation.
For some parents, this can be a challenge. It can be difficult to know the best way to discuss money topics, including how to tailor them to be age-appropriate. These apps and online resources can be an effective way to start.