Healthy Money Habits For Kids

FOX – WOFL

Kids’ Money Habits In Place By Age 7

Jean Ann Dorrell appeared on FOX News Orlando sharing tips on how to teach your children and grandchildren healthy money habits. New research finds kids have money habits in place by age 7.
So what are some strategies to help the little ones in your life?

Use everyday experiences as learning opportunities like grocery shopping.

  • Develop an allowance plan
  • Consider using a money jar system
  • Let kids and grandkids be part of spending decisions
  • Get your loved ones involved in bill paying

For more ideas to help your kids and grandkids with money, check out this helpful site, Money As You Grow.