BankIn Minnesota’s Post

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How do we improve financial literacy? By teaching our children about money. Financial education can begin sooner than you might think. Experts say once your kids understand basic arithmetic, you can start teaching them money basics. What can that look like? 💲 Start talking to kids about money while stakes are low to build a base understanding 💲 Talk about money openly and often 💲 Model good habits, like saving & budgeting 💲 Consider giving an allowance, but be intentional about it 💲 Talk about the value of money 💲 Teach the importance of saving early on ⭐ Talk to your community banker! They may have more tips and can help you determine when and how to start an account for your child. Find your community bank at www.bankinmn.com 🧑💻 #financialliteracy #financialeducation #communitybanking #banklocal

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