Talking to Kids About Money
Starting early helps children develop good habits like setting limits on spending and resisting impulse buys
Katherine Martinelli
From starting a piggy bank to sending your kid off to collegewith a credit card, helping kids learn healthy habits around money can take a lot of work — and patience.
But teaching children to be financially responsible early on will help them cope with challenges like setting limits, planning a budget and resisting impulse buys. There are a lot of different ways to help kids get smart about spending, but we’ve put together some basics to help parents get started.