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•••••JUNE 19, 2024•••••
Children often learn their first lessons about money from the adults they’re closest to. Whether it’s listening to parents discuss a purchase or watching them pay bills online, kids are ob7 Ways to Build Financial servant and Literacy in Your Children their relationship with money is often shaped by what surrounds them. If you are a parent looking to instill financial wisdom in your children, here are some ways to get started. Set a good example. Kids often model what they see. Be intentional about the example you’re setting. Proactively discuss money with your children. Talk about what’s important to you money-wise and use everyday moments to bring it to life such as bringing them along when you speak to a financial advisor or consider an expenditure. Share knowledge. You can give your kids important life skills by building their foundation of financial knowledge. Shape good habits with simple lessons about how to track spending or saving up for something special. (Financial cont’d on pg 2)