Kids can learn important money skills at an early age. Get them involved and having fun and you'll be on your way to raising responsible money managers.
2. One of the most important things you can teach
your child is how to handle money wisely.
Here are some fun ways to explore the world of
finances with your children.
LCTaylor: 1.800.463.8371
www.LCTaylor.com
3. Make Saving Fun
Kids learn best by doing, but they
love having fun.
Playing “store” is a great way to
help them recognize the different
coins and bills and gain an
understanding of what their
money can buy.
LCTaylor: 1.800.463.8371
www.LCTaylor.com
4. Take Your Toddler
Shopping
Braving the aisles with your
toddler may seem daunting
but it’s a great teaching
opportunity.
Let them find some items on
your list, help them count the
money and allow them to pay
the cashier.
LCTaylor: 1.800.463.8371
www.LCTaylor.com
5. Teaching With An
Allowance
.
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An allowance can be a
great teaching tool.
It can help kids learn
how to divide a
‘regular income’ into
savings and spending,
a critical skill used by
adult money
managers.
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6. The Best Things in
Life are Free
Teach your kids that you don’t
need to spend to do something
wonderful.
Gifts from the heart mean more
than ones from the store and
won’t bite into your savings.
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7. Teaching finances to your kids can be
fun for the whole family.
More importantly, it will help them develop good habits
that are a critical foundation for
building solid money management skills.
LCTaylor: 1.800.463.8371
www.LCTaylor.com
8. Visit our website for more information and helpful tips about
Kids and Finances.
http://lctaylor.com/finances-just-for-kids
For help with money management or debt issues,
our trustees are available to assist you in our
Kenora and Winnipeg Offices.
LCTaylor: 1.800.463.8371
lct@lctaylor.net