How many adults wish their parents had talked to them more about money? Think about all of the financial mistakes that could have been avoided, and in turn all of the valuable lessons that could be engrained in your brain, had they been taught from a young age.
At Choice Financial Advisors, we are passionate about teaching the younger generations to set them up for success that can carry them through adulthood and into retirement.
Here is a list of our favorite resources:
Articles:
- Do Your Kids Know the Value of a Silver Spoon?
- Teaching Your Kids About Money: Focus on the Family
- How to Raise a Whiz Kid Investor
- 15 Ways to Teach Kids About Money
- 50 Fun Ways to Teach Your Kids About Money
Books:
- Junior's Adventures: Storytime Book Set: Teaching Kids How to Win With Money by Dave Ramsey (Amazon)
- How to Turn $100 into $1,000,000: Earn! Save! Invest! by James McKenna, Jeannine Glista andMatt Fontaine (Amazon)
- The CFPB (Consumer Financial Protection Bureau) has a great reading list along with parent reading guides on their website.
Videos:
- If your child has access to Clever, there's a great video in the BrainPOP app to teach compound interest: Interest
- Finance 101: What is Compound Interest? Easy Peasy Finance for Kids and Beginners (Youtube)
- No-Frills Money Skills video series- https://www.stlouisfed.org/education/no-frills-money-skills-video-series
Teaching Your Kids Money Basics
