When it comes to talking to your kids about money, the sooner the better. There are opportunities at every age to teach your child the importance of handling money responsibly to ensure they live financially smart lives.
How soon is too soon to talk to your kids or grandkids about money?
If they are old enough to ask for a toy or a bike, they are old enough to start learning financial lessons that will last a lifetime.
The best financial lessons are part of everyday experience. Look for opportunities to talk about money, read books aloud and play games that center around spending money wisely. Be open and honest when you discuss your financial experiences—good or bad.
Here are some examples of teachable moments to help you get started:
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