Teaching Kids Good Financial Habits

It's it more important than ever that children learn from a young age how to handle money.  The following websites offer great resources to help kids of all ages get started on the right path to good financial habits:

Information for Younger Children
  • Children in grades K-5 will be guided by Carmen Cents and learn all about the history and mission of the  FDIC
  • Become a smarter consumer at http://www.ftc.gov/YouAreHere/  which has a virtual mall where you can play games, design ads, chat with customers and store owners, and much more. You’ll learn key consumer concepts, such as how advertising affects you, how you benefit when businesses compete, how (and why) to protect your information, and how to spot scams.
  • Learn about the responsibilities of the Federal Reserve, as well as some basics of economics, at http://www.federalreserve.gov/kids/default.htm#system   

Information for Tweens and Teens

  • MyMoney.gov, is a website dedicated to teaching all Americans the basics about financial education. Whether you are planning for college, learning about balancing your checking account, or creating a good credit history, the resources on MyMoney.gov can help you do it better.
  • Teens will find a wealth of information about money management (saving, banking, investing, savings bonds, spending) here to help them start smart.
  • The FDIC website provides valuable information for young adults on topics ranging from common mistakes young adults make and how to avoid them to banking, credit cards, and buying a home or car.  Learn how to take control of your finances and the important steps that should be taken at key stages of life to successfully reach your financial goals.
Check out the links below for more money management tips for kids, teens and parents about earning, spending and saving, banking, credit cards, and creating a budget:

Having good money management skills will be beneficial for a lifetime, so it makes cents to start early.


Leave a Reply

Presidential Speeches

Credit Reports


Never miss an update!

My recent del.icio.us additions