5 Ways to Teach Kids About Money

Welcome back to part 4 of how to raise a money savvy kid! In part 3, we talked about real life opportunities to teach kids about money. This week, we’re going to cover 5 ways to teach kids about money and believe me, this needs to be fun. I remember when my mom tried to instill this valuable lesson on me. I had a special bank where I put my allowance and eventually, I had my own savings account. Had I been smarter I would have kept adding to that savings account, but alas, I did not. And have I ever mentioned that my mom used to work at a bank? Or that she has taught business law? Yup. I really should have paid more…

Ideal Times to Teach Kids About Money

Ideal Times to Teach Kids About Money

Every day life is filled with numerous teachable moments for children of all ages. A simple trip to the grocery store, for example, can become a math lesson, an alphabet review, a lesson on manners, and so many other things. This is also a great opportunity to teach kids about money and the value of money. In fact, there are many times to teach kids about money that occur in every day life. And don’t forget to check out the rest of the posts in this series: Raising Money Savvy Kids. Teaching your child about money takes more than one conversation. Using real life situation and examples will help them pull the concepts together. They’ll learn not only from your words but also through your…