Raising Money-Smart Kids

Good money habits start young! The lessons kids learn about saving, spending, and planning today can set them up for lifelong success. Here are easy ways to start teaching smart money skills now.

• Open a Youth Savings Account 

Watching a balance grow in a real account helps kids learn about deposits, withdrawals, and the value of saving.

• Explain Everyday Money  

Talk through real-world examples like sales tax, bills, and paychecks so kids understand where money goes and how it circulates.

• Teach the Basics of Investing  

Track a company’s stock together and discuss how its value changes over time. This can spark early curiosity about long-term financial growth.

• Cook and Budget for Meals Together  

Involving kids in meal planning teaches food costs, price comparisons, and the benefits of planning ahead.