Teaching Good Money Management

Resources to help teach children and youth good money management to last a lifetime!

We recently came across a list of online resources for young investors while reading an article about teaching kids good money habits. This website contains many links that offer helpful advice/resources for teaching kids good money management.

We’re in the process of adopting a child and we plan to teach good money management early on. The article we read reported that one university has shown that children as young as 5 can learn good money habits. One of the links at the site above said as one begins to teach math, one can also begin to teach about the use of money.

Teaching kids good money management is important. We read a couple years ago that credit card debt is the number one reason students drop out of college and the average credit card debt among college students is about $2800.

Of course, our purpose isn’t simply to teach our child to manage money well so that he or she can save a lot of money, but as Christ-followers, to teach our child to be a good steward of God’s gifts and resources.

If you have advice and/or resources to share, please click on “comments” to post them.

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