The best way to teach kids about money is to incorporate prices and spending into everyday conversations. That's according to financial literacy expert Laura Levine, who spent 10 years working in finance before becoming CEO of the nonprofit JumpStart Coalition for financial literacy. You don't need to be an expert on finance to start teaching the basics, she says. Start with things like price comparing and looking at conventions like tipping.
The best way to teach kids about money is to incorporate prices and spending into everyday conversations. That's according to financial literacy expert Laura Levine, who spent 10 years working in finance before becoming CEO of the nonprofit JumpStart Coalition for financial literacy. You don't need to be an expert on finance to start teaching the basics, she says. Start with things like price comparing and looking at conventions like tipping.
When I have kids, a lot of our conversations will be about money
So true. I now compare per unit costs at the grocery store and buy merchandise on sale because of my parents. One was born during the WWII Japanese occupation & another was taught a future Great Depression was imminent (grandma went through that). Gotta look for sales!