In celebration of Financial Literacy Month this April, we are sharing resources parents and practitioners can use to teach children money lessons.
Personal finance is a 21st-century survival skill. Yet as of 2023, most American high school students are deprived of a guaranteed personal finance class for graduation. Parents must carry the responsibility of teaching their own children money lessons.
Here are two free resources and one linked article jam-packed with ideas and free tools to teach children money lessons.
Developed by CFPB, these free and downloadable books are accompanied by parent guides. Sets of 25 printed books are available for free for large groups.
The Money Monsters are a group of creatures who are new to our universe. That means they need to learn about many important things like school, friendship, and financial literacy.
Your Financial Path to Graduation
Planning how to pay for school is complicated for some students and may require multiple conversations with family, advisers, and the school financial aid office.
The CFPB Your Financial Path to Graduation tool allows students and parents to compare financial aid offers.
Money Lessons for Kids: Investing
Children on social media are regularly exposed to gambling disguised as investing, which is dangerous on many levels. The article contains ideas and free tools to help protect children and teach valuable investing lessons.
Contributed by:
Brian Page
Modern Husbands, Founder