The Future

Teaching Children About Investing

What are some other activities parents can do with their young children in order to teach them the value of money and investing concepts?

Family financial expert Neale Godfrey, co-author of The New York Times best seller Money Doesn’t Grow on Trees: A Parent’s Guide to Raising Financially Responsible Children (2013), suggests parents play money games with kids so they begin to understand the value of different coins. She suggests setting up three or four jars and a pile of assorted coins with which parents can teach young children about the value of money, reinforcing such skills as math, counting, and sorting. The parent then shows the child how to divide the money into each jar that has a specific purpose, such as charity, quick cash, short-term savings, and long-term savings.


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