The world of financial literacy can be complicated. Help your child learn skills for financial independence

The world of financial literacy can be complicated. Help your child learn skills for financial independence

When was the last time you talked with your child about money and finances? As parents,  one goal when it comes to raising our children is to help them become self-supporting adults and a contributing member of society.

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Books and games that teach kids about money

Books and games that teach kids about money

Are you looking for a great gift for the kids in your life? When buying holiday presents, sometimes it’s easy to go overboard without even realizing it. Many families tend to stick with a present buying policy such as “something to wear, something to read, something they want and something they need.” Why not give them something that will have a lasting impact in their life?

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Five Ways to Encourage Good Saving and Spending Habits in Your Children

Five Ways to Encourage Good Saving and Spending Habits in Your Children

How often do you discuss money with your children? If your answer is "not often," you're not alone.

There is an opportunity to help your children form strong spending and saving habits at an early age, and doing so can have a concrete impact on their futures. For example, recent research suggests that children with savings – even as little as $1 to $499 – are four times more likely to go to college than children with no savings at all. There are many reasons why it's beneficial for children to learn how to manage money from a young age, and getting started sooner rather than later can drastically shape your children's financial futures for the better.

Here are five ways you can encourage your children to develop good saving and spending habits.

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