Source: AgriLife Today
Children are not born with “money sense” so they need their parents, educators, caregivers and other adults to help them learn how to properly manage money, said Nancy Granovsky.
Granovsky said children learn about money by example and experience. Adults can begin to teach them sound money management skills as soon as they are old enough to understand money is used to get them the things they need and enjoy.
“Children are absorbing everything they see and hear parents and other adults do or discuss about money, positive or negative, so it pays to become a positive role model,” she said.
She said by working together, adults can help young people gain the financial capability they need to help ensure a more secure and rewarding future.
- Teaching Young People About Money – Tips for Parents and Caregivers (pdf)
- 5 Simple Saving Tricks for Kids
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