Financial Literacy for Kids – Start Early
As a financial planner, I often hear clients comment that their teenage, or even young adult children, have a limited understanding of savings and investments. Usually, our advice is to sit down and talk to them about the basics of financial responsibility, or we may recommend a book or two. However, the best advice is to start long before your children are teenagers or college age. I’ll share with you what I have done with my own family, maybe you can relate to it.