Our Insights
Welcome to our blog, dedicated to Finance Education for Children. Here, we’ve curated a wealth of resources to empower parents and caregivers with valuable insights and tips on teaching kids about money. Our articles and blog posts are designed to make financial education engaging and accessible for children ages three years up to 18. Whether you’re looking for hands-on exercises, creative activities, or age-appropriate strategies to instill sound financial habits, you’ll find a treasure trove of information and guidance here. Join us on this journey to equip your children with essential life skills for a financially savvy future.
Financial Education for Children By Age
Financial Education for Children: All Resources
-
Debit and Credit Card for Children: The Ultimate Parent’s Guide
Debit and credit cards for children are crucial components of a child’s financial educational journey. Despite its significance, less than 1 in 5 children aged 8 to 14 possess a credit card. In this comprehensive guide, we’ll explore the concepts of debit and credit cards for children, evaluate their pros and cons, determine the ideal…
-
Teaching Children about Money: The Ultimate Guide for Parents
Teaching children about money and helping them have a positive relationship with finance is one of the most essential life skills they will need to thrive in the future. As a parent myself, I consider this to be as important as learning how to ride a bike, drive or swim. Research has shown that the…
-
Nine Ultimate Financial Literacy Games for Kids by Age
Let’s face it: learning about money matters is not an exciting activity for a child. No wonder most kids are poorly equipped and unsure of their personal finance capabilities. This is evident from the fact that more than 66% of parents are not highly confident in their child’s financial literacy skills. Therefore, we must provide…
-
RRSP for Children: The Ultimate Guide for Parents
Registered Retirement Savings Plans (RRSPs) are tax-advantaged savings and investment vehicles designed to help individuals save for retirement. RRSP accounts for children allows them to save for their future while learning critical financial literacy lessons. In addition to teaching them about savings, RRSPs can also build a foundational block towards your child’s first home or…
-
Teaching Children To Save: The How-To Guide for Parents
In this post, we’ll delve into age-appropriate tools such as piggy-banks and conversations about money to nurture financial prudence. Teaching children and having them practice differentiating needs and wants, goal-setting and tracking their spending are effective ways to inculcate the habit of saving at a young age.
-
How to Teach About Money to a First Grader
Teaching about money to a first grader can appear to be too early. However, it is important to note that several basic concepts related to “finance” are typically developed by the age of seven years. This includes concepts such as counting, value, exchange for equivalence and earning and income. This makes it imperative that we…
-
Use Halloween to Teach Kids About Money
Along with all the fun and festivities, Halloween also provides us with an amazing opportunity to teach kids about money. Connecting financial lessons to our children’s real-life experiences during Halloween can be incredibly impactful.
-
Teaching Money to Primary Schoolers: The Ultimate Guide
As children transition through their primary school years, they begin to form a more mature understanding of the world around them. During this age, we can help them understand the value of money, earning and income, delayed gratification, unit price calculation through hands-on activities and real-life experiences while allowing them to make mistakes and learn…
-
Financial Education for children: Why teaching kids about money matters
Educating about “Money Matters for Kids” is vital as it instills responsible spending habits, sharpens critical thinking and decision-making skills, nurtures mathematical and digital proficiency, fosters independence and confidence, and establishes skills for financial prosperity. This education goes beyond mere financial understanding; it empowers young minds with life skills that will shape their financial future.
-
Teaching Teenagers about Money – Ultimate Guide for Parents
As parents, we are tasked with preparing our children for adulthood, and teaching teenagers about money plays a pivotal role in this journey. When it comes to teaching teenagers about money, it is about letting them take lead and learn from their mistakes. Empower them to envision prosperity, earn money, and budget effectively. Additionally, educate…
-
Teach about Money to Preschoolers and Kindergarteners: Laying the seeds
The journey of financial education begins early, shaping children’s understanding of money and their lifelong relationship with it. In this blog, we explore the power of storytelling, hands-on coin adventures, and practical money lessons to make learning about money engaging and impactful for these young minds. These early lessons are not just about money; they…
