Involve your children in financial discussions and decisions. Teach them about budgeting, saving, and distinguishing between needs and wants. Encourage them to earn money, set goals, and make thoughtful spending choices.

Give children opportunities to earn and manage money, set savings goals, and make spending decisions. Teach them about budgeting, saving, and the importance of delayed gratification. Lead by example and involve them in family financial discussions.

Tailor the conversation to your child’s age and maturity level. Be honest and transparent, providing age-appropriate information. Emphasize the importance of financial responsibility, living within means, and making wise financial choices.