How to Live Financially Smart Lives - MomTrends

How to Live Financially Smart Lives

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Money Tips

I've found myself talking more about money with my five-year-old. While she is young, I want to instill her with the financial confidence to make smart choices later in life, and one tool that I have been using is the website Money as You Grow. Recommended as an initiative from the President's Advisory Council on Financial Capability, chaired by John W. Rogers and vice-chaired by Amy Rosen, you can learn the tips and age-appropriate financial lessons like "You need money to buy things" for those that are 3-5 years old and "You should SAVE AT LEAST A DIME for every dollar you receive to kids 11-13 years old.

This also includes activities to help your kids understand money such as "Make it a rule that your child never answers emails from someone he doesn't know and never clicks on pop-up ads" and to "look at credit card offers online with your child, and compare the interest rates."

This an excellent tool for families, nonprofits, businesses and more as a way to connect with kids as you start a dialogue about money, saving and how to avoid debt!

MOney as You Grow
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