Teaching Our Kids About Money

Teaching money to a five-year-old isn’t easy, though this post goes over the strategy we are using to have money lessons sink in at a young age, hopefully.

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I want to give my kids a great life, but I don’t want to spoil them. That’s why we’re trying to get an early start to teach financial literacy in our house.

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How We’re Teaching our Kids about Spending, Investing, and Giving

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At the end of the week, he puts $3 in the spending jar, $1 in the investing pot, and $1 in the giving jar. The jars are made of clear plastic to see the money adding up.

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How We’re Teaching Stock Investing

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Even though he hasn’t shown much interest in the stocks yet, he will ask to “see the numbers” occasionally. He currently has about $500 in his stock “portfolio”.

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How We’re Teaching Generosity

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