Teaching children financial responsibility is one of a parent’s most important tasks, but they often don’t know where to start. Here’s how you can set your kids up for future financial success and responsibility:
1) Make sure you’re showcasing healthy financial behaviors in your own life.
2) Involve the kids in household shopping and use it as an opportunity to talk about planning, saving and finding the best value.
3) Bring your kids to the bank with you
to show them how banks work.
4) Talk about money regularly and casually to reinforce what you taught them.