These concepts are big and complex and may be too much for kids to understand all at once. That’s why it’s so important to start teaching financial literacy from a young age.
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:
Young kids might enjoy starting with a classic ceramic piggy bank. It’s fun for them to drop coins in the slot, hear the sound of the coins dropping in, then pick up the piggy bank to feel how full it’s getting.