Teaching Kids about Money Management: Budget, Save + Spend

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How Do You Explain Money to a Child?

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What is Money?

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What Should I Teach Kids About Money?

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When Can I Teach Kids About Money?

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Teaching Kids about Money Management: Budget, Save + Spend

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Teaching kids about money management is an essential life skill that will help shape their future—one where financial security is attainable through hard work and determination.

How Do You Explain Money to a Child?

The first step in learning about money and finance is understanding what money is all about.

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What is Money?

Money is any medium of exchange which you can use to pay for goods and services with a mutually-agreed value.

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What Should I Teach Kids About Money?

1. Ability to identify money and the value it represents. 2. Ability to use money and make change.

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When Can I Teach Kids About Money?

You can teach your kids about money as early as them being able to walk and reach up to grab something off the coffee table or counter.

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