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    10 Mom-tested Tips to Teach Kids About Money and Finance

    A couple of weeks ago I was asked to speak on the topic of teaching your kids about money and finances. I love this subject and got really excited. I mean, I've been married to Cap'n Coupon for fifteen years. So I spent some time doing research and created a list of talking points. After my presentation, I looked back over my unused talking points and realized I was missing some stuff. So I asked the most intelligent and attractive women on the internet -- my readers -- what ideas they had. They did not disappoint. So here are their 10 mom-tested ideas on how to teach your kids about finances and money: - By Julie Miner

    MORE ON BABBLE

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    1. Make sure it's age appropriate
    2. Model good financial behavior
    3. Talk about money openly with your kids
    4. Seize every teaching moment
    5. Try and teach kids about relative value
    6. Find a system that works for you and be consistent
    7. There's an app for that
    8. Make your kids spend their own money

    Gallery View:10 Mom-tested Tips to Teach Kids About Money and Finance
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    1 - 10 of 10
    PrevNext
    1. Make sure it's age appropriate
    2. Model good financial behavior
    3. Talk about money openly with your kids
    4. Seize every teaching moment
    5. Try and teach kids about relative value
    6. Find a system that works for you and be consistent
    7. There's an app for that
    8. Make your kids spend their own money
    9. Make them work for what they want
    10. Help them manage their money
    1 of 10 photos
    PrevNext
    1. previousMake sure it's age appropriatenext
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    PrevNext
    1. Photo by: Stock images
      Make sure it's age appropriate
      The difference between what my 9 year old understands about money vs. 4 year old is huge. When you decide to talk about money or set up a chore system, make sure it's reasonable for the age of your kiddo. My oldest can calculate interest rates, while my youngest still doesn't grasp the real difference between needs and wants. In this, as in all things with parenting, one size does not fit all.
      Photo by: Stock images
      Make sure it's age appropriate
      The difference between what my 9 year old understands about money vs. 4 year old is huge. When you decide to talk about money or set up a chore system, make sure it's reasonable for the age of your kiddo. My oldest can calculate interest rates, while my youngest still doesn't grasp the real difference between needs and wants. In this, as in all things with parenting, one size does not fit all.

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