Teaching Kids About Money

It is never too early to start teaching children about money. Otherwise, until they start earning a living, it is easy for kids to think that money, indeed, does “grow on trees!” This guide will show you how to start teaching about money early, setting a good example, explaining the basics of money, and saving as well as the power of interest. This guide addresses considerations for providing an allowance, encouraging the benefits of giving back and lastly, establishing a college savings budget. Remember, budgets are not set in stone and can be adjusted at any time if it is not working for you.