Money Literacy: How to Talk
to Your Kids about Money
is not my favorite topic of conversation. However, it is an integral part of
life, both for us and for our children. Helping a child learn how to be a good
money manager is a smart step towards a happy life.
with many other things I’ve discovered while researching for blog posts, this
post taught me things that I wish I’d known when my son was little. A little
late now, but I’m happy to pass this information on to help other parents.
you look at these links, you’ll find there are common ideas on how to talk to
kids about money. But there are differing views, too (like regarding allowance).
I hope you find some ideas that will work for you.
How to Talk to Your Kids About
Money from How Things Work
- Start young
- Use visuals
- Use real life lessons
- Give your child an allowance
- Encourage saving
Five Good Habits to Instill In Your Children from Suze Orman
- ATM ABCs…
(why ATMs give out money)
- Shop Talk
- Bill of
Rights (managing money)
- Gifts Are
Not a Given (they should be special)
Credit (credit card savvy)
Sidebar: Allowances Have Got to Go also from Suze Orman
are some links that you may want to explore with your kids. I’ll have more game
links on Friday.
Banking Kids Page from Banking Kids
activities include puzzles, coloring, and tutorials about money matters such as
checkbooks. There are links for preschool, elementary, and teens.
are links that lead to videos, facts, money tips, and games.
How to Earn Money (for Kids) from WikiHow
ideas for earning money that you can share with your kids
Printable Play Money from Printable Play Money
you can print for money activities
Math & Money for Kids from Mint.com
Scroll down for links to lesson plans, games, and worksheets.
5 Games That Teach Kids about Money from My Bank Tracker
Board games and online games
Money Games from Kids.gov
games and activities
What money ideas have worked in your family? Please add them to the Comments Box!