Did you know that lifelong money habits can be well set by the time a child is 7 years old?
In fact, research shows that money management skills and shortcomings are molded and forged while in childhood. Children learn by example and by the way we present financial education to them throughout their early years.
We all want our kids to grow into financially healthy adults. But how do we get them to learn these crucial skills they’ll need for life? To meet this challenge, parents need to make financial education child-friendly and present it in a way a young mind can grasp and remember.
Here’s all you need to know about teaching kids to handle money, from the cradle to college and beyond.