Budgeting Before Shopping
5 Project-based Learning Activities to Teach Kids About Money
These tips are meant to break the ice to open up lines of communication with your kids on the topic of money. Sharing simple strategies with kids can motivate them to save money, build good credit, avoid debt, start investing young, and achieve a state of financial independence. The NFEC has a complimentary guide available to help you in your efforts: Family Money Talks – Ten Talks You Must Have with Your Children.
Providing financial literacy lessons can give you an instant confidence boost that your children are prepared for the financial real world. Black Friday and other events serve as teachable moments we can leverage to teach kids about money. And financial literacy conversations can produce longer-lasting results over time, as kids translate the lessons they learned into their daily lives.