allowance

How to Instill Financial Literacy in Children

The National Financial Educators Council (NFEC) surveyed young adults in 2017 and asked them what high school course would benefit their lives the most. The majority responded that money management was the course that would be most beneficial. With personal debt is at its highest record and COVID-19 threatening to have the hardest economic effects

Teaching Teens About Money Management

Once your child reaches the teenage years, it’s the right time to get into more depth about money matters. While your 10-year-old may have a piggy bank and a modest allowance, not to mention all that Tooth Fairy loot, it’s not nearly enough bucks background to take him or her into adulthood feeling financially fit.