Techniques to Start Young Kids Learning About Money

Chloe | It's Not your 9 to 5

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Learning the value of money and how to make money are essential life lessons for children. The sooner they begin, the more successful adults they'll be.

A study from the University of Cambridge, “Habit Formation and Learning in Young Children,” found that money habits are formed by age 7. Researchers share that it's important to start basic finance education by age 3.

Here are top 6 techniques that you can start your young children learning about money.

Selling Their Stuff

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Having your children help you to sell their unwanted toys and clothes can teach them about money. 

Chloe | It's Not your 9 to 5

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Go Shopping

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Let your children use their spending jars at the store to make purchases.  Shopping provides an easy lesson setting. How will your children spend their money? Will they use their entire jars at one store or spread them out over many shopping trips? 

Setting a Money Goal

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Money goals are an easy way to teach children financial patience. They also provide a lesson on how to save money.

Top 3 Techniques to Start Teaching Young Kids to Learn About Money 

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