Goal setting is super important when you’re teaching your child about finance—it keeps them focused, makes progress easier to measure and gives you the chance to offer praise and reward when they do well. You can set dozens of different…
“Just knowing that something I, a teenager, made could affect anyone really makes me feel like I did something good.” As posted on EY! Blog by philip@childfinance.org Ye! is a platform for entrepreneurs aged 16 to 30. But some people just don’t wait…
Even though money can look very different from country to country, generally speaking, there are distinguishing features that make each bill or coin unique. These features aren’t something your kids should ignore. These are just some of the design elements…
Once your child has money of their own from an allowance, doing chores or holding down a basic job, it’s critical that they use a variety of strategies to save and make the most of their income. Customer service is…
If you’ve already got your kids working with money (good for you!), a big challenge is getting them to keep track of their funds on paper. Getting them to keep track of the money physically can be just as tough,…
To learn about and manage money well, it’s extraordinarily helpful to have a reliable income. For young kids, that income might come from an allowance or doing chores around the house. Once your kids are older, however, a regular job…
With so many banks in business, not all savings accounts are created equal, especially when it comes to kids. To get a good arrangement, you’ll need to shop around with your child. The exact features you sign up for can…
The phrase “spending addiction” might conjure up images of adults happily swiping credit cards and swimming in bags of merchandise, but the reality is that kids make up an increasing percentage of addiction cases. If you see these warning signs…
Most people think of ATMs when they think of machines that are most valuable for money-education, but coin sorting machines can be important, too. These machines are available at banks, as well as major department stores (usually near the service…
A major goal in teaching kids to be responsible with money is getting them to control how much they spend. If they can do this, budgeting is much easier, and the risk that they’ll get into debt dramatically decreases. These…