Talking About Money

• Financial literacy - talking about money helps kids learn terms and the language of money management.

• Responsibility - talk to your kids about your own financial responsibility and good stewardship.

• Sources of income - help your kids understand where/how your family earns income. Older children can learn about the income linked to various types of work or occupations.

• Conversation - avoid stressful money conversations. Be aware of and discuss the emotions and values surrounding money. Allow children to feel free to ask questions.

Video

Allowance

• What is is and what it isn't

• How much to give

• Spend, share, save

Video

Goal Setting

• Why set goals

• Short, medium and long-term goals

• SMART goals

Video

Saving

• Why save

• The magic of compounding

• How much to save

• Where to save

Video

Spending

• Why we buy and what we buy

• Needs vs. Wants

• Critical consumer thinking

• Understanding advertisements

Video