It’s never too early to start teaching your children the basics of money management. Exposure to financial education at an early age can lay the foundation for a more successful financial future. The Practical Money Skills and Guide has useful information for all age groups.
Developing money management skills requires ongoing education throughout adulthood.
Help your teen put concepts learned into real-life practice and build solid money management skills before entering adulthood. Teaching teens about these financial concepts can help improve their money management skills:
Once children have a basic understanding of the value of money, introduce them to these more complex financial topics:
Young children can learn the basics of money, such as differentiating coins and understanding how to put some funds aside. Here are four basic money management concepts for young children:
Simply open a Share (Savings) Account by filling out an Account Card and deposit then maintain a balance of $5.00. Once you do, you are immediately eligible for the many money saving loans, accounts, and money management services we offer. It’s that easy!
