Kids and Money: Passing On Good Financial Habits
Becoming financially literate is just like learning a new language; It requires education, practice, and repetition to fully grasp and apply financial literacy in the world. Just as with foreign language, the sooner children are exposed to financial lingo, the better. However, as money-spending, saving, investing, donating adults, it can be easy to pass along bad money habits from the get-go. Here are several ways you can ensure your child is creating positive financial habits at an early age that will carry on through their teenage years and into adulthood.