An Age-Old Guide to Teaching Your Kids Financial Lessons

Kids are ready to learn about savings, spending and more at a fairly young age, but they need your help to truly understand. This drawing provides some great lesson guidelines you can teach to children of all ages.

For example, they suggest that children ages three to six may be willing to save money for a toy by putting money in an envelope with a picture of the toy on it. When they turn five, they will likely be willing to start a small job to earn extra money for spending. Suggestions go as far as giving your 11-13 year old kid a holiday gift budget and comparing college tuition prices with your teenager.

6 Monetary Concepts You Can Teach Your Children | OnStride Financial

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