Is Financial Literacy For Kids Important

Teach your kids about financial literacy. Your example is everything.

The Role Of Parents In Financial Education

​Parents must know the importance of financial education. Parents are a child's first teachers and role models.

Parenting 101: Education begins at home. ​Parents create the environments and experiences in which learning happens, which makes them the first teachers their children will ever have.

Rachael Cruze, an American author who writes about finances and daughter of Dave Ramsey said, "Teaching your kids how to save from an early age can help prevent them from the “I deserve it” mindset."

The Importance Of Teaching Financial Literacy To Children
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​Children who learn to manage their finances early become adults who are better equipped to live independently. By teaching your kids to make good financial decisions, they learn to make a budget properly.

Teach Kids On How To Spend Their Money
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• Teach them to save.

       - Saving is not an option, but a priority.

• Teach them how to budget their allowance.

       - Teach them the difference between Wants and Needs.

• Teach them to share and give.

    - Give generously. God loves a cheerful giver. Teach them how to share their blessings.

• Teach them how to spend money properly.
• Teach them how to invest.

     - Did you know that Warren Buffett bought his first stock at age of 11. Kids can invest their money. The earlier the better.

Start children off on the way they should go,
    and even when they are old they will not turn from it.

(Proverbs 22:6)