Developing Your Child’s Money Skills

 

Educating your children about personal financial management will help secure their financial future, and bring you peace of mind. This is because they will learn the value of money and the importance of budgeting, sending them on their way to financial freedom and happiness in life.

Knowing how a child’s mental processes and cognitive abilities develop will help ensure the effectiveness of early financial education. This knowledge will enable you to give appropriate financial lessons based on your child’s age and stage of development.

The Consumer Financial Protection Bureau has some good advice for parents who want to teach their kids about managing money.

Click here to Read More.

*By clicking the above link you will be leaving the Bank of Easton website. Bank of Easton does not endorse, monitor or review the site you are going to, nor are we responsible for its contents. You should note that the site’s privacy and security policies may be different to ours. We recommend that you review their policies.