Teaching Elementary Age Kids About Money

14 Easy Money Lessons for Elementary Age Kids

Teaching elementary age kids about money is a lot of fun! They are developing more advanced math and logical thinking skills and, as such, they can grasp more complex financial concepts. Elementary age kids are also starting to understand the social ramifications of money – which can lead to important conversations about money and peer pressure.

So, how do you teach elementary age children about money? Here are 14 easy ideas on how to teach your kids about money.

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Simple Money Lessons for Preschoolers

preschooler-money-lessons

Wondering when you can start teaching your kids about money? Older toddlers and preschoolers are starting to learn numbers, counting, and basic math. As such, it’s a great time to introduce basics money concepts. What are simple money lessons you can teach to preschoolers? Here are ten easy ideas.

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Kids, It’s Not Really All About the Money

allaboutthemoney

Our six-year-old, Little I, has become quite the budding entrepreneur with great ideas on how he can earn his own money. But lately, I see his motivation with earning money linked to a shiny new toy.

I earn money to buy toys… The more money I earn, the more toys I can buy!
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20 Simple Ways Kids Can Make Money

20 Simple Ways Kids Can Make Money

Encouraging kids to make and earn their own money is a fantastic lesson in finances, and it teaches them the value of hard work.

In our family, we generally don’t buy “things” for our kids unless it is needed, time-sensitive, or a special occasion. Rather, we help our kids earn and save their own money so they can make their own spending and saving decisions.

The result? We’ve had a lot of conversations with our older son about how he can make his own money. Some of the ideas are conventional. Others are really creative and entrepreneurial. What are they? Here is our list – 20 simple ideas for kids and teens to make their own money. Continue reading

The Tale of Two Cans of Olives – Everyday Money Lessons

every day money lessons for kids - raising savers

Here’s a simple story about buying olives and comparison shopping. It is a wonderful reminder to use everyday experiences to teach kids about money – no matter how frustrating it may seem at the time! 

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A Simple Story About Carrots and the Power of Saving Money

Kids and Saving Money

Here’s a simple story about gardening, harvesting carrots, and the power of saving. It is a wonderful reminder that kids listen, watch our examples, and can understand financial concepts if we take the time to teach them. Enjoy! Continue reading

How to Teach Kids About Money – Ideas for Every Age

Teaching Kids About Money - Ideas by Age

Teaching our kids about money and finances is arguably one of the most important things we do as parents. And yet, most kids are not learning financial literacy in school. It’s up to us to give our kids a solid financial education to help them succeed as adults.
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