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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⏰ Last Call for Registration! ⏰ Attention all parents! The closing date for registration is swiftly approaching for our highly anticipated 'My Banking Experience' Workshop for teens. This is your final chance to secure your child's spot in this invaluable programme. Don't delay, register your child now before it's too late! Give them the gift of financial literacy and set them on the path to lifelong success. Register your child and join us in shaping a brighter financial future for our children. #LastCall # #EmpowerTheFuture _____________________ #moneymanagement #financialfreedom #financialliteracy #moneymindset #moneygoals
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At Traditions First Bank, we believe financial education starts young, and it's never too early to teach our little ones the value of saving and smart money habits. On this "Teach Children to Save Day," here are 3 easy tips to help celebrate: 1️⃣ Start with a Piggy Bank: It’s a visual way for children to see their money grow. 2️⃣ Discuss Wants vs. Needs: This is important in setting priorities and making smart spending decisions. 3️⃣ Encourage Regular Deposits: Even small amounts saved regularly can add up.
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Peace of Mind, Body, and Finances. 《《《☆》》》 Strengthening your Mind, Body, and Bank Account • • • Class is in Session! For the month, enjoy these Fund Facts aka Fun Facts about personal finance. Happy Financial Literacy Month! Financial Literacy for Kids 5 Key components of financial literacy for Kids 1. Earning money 2. Spending cash 3. Saving and investing 4. Borrow money 5. Protecting themselves Join the conversation! Share your thoughts, experiences, or questions in the comments below. Let's learn and grow together in this journey towards financial empowerment. 💬💡 • • • #FitnanceIQ #financialliteracy #Financiallyfit #financialliteracymonth #FLMCanada #fundfacts #funfactsaboutfinance #personalfinance #FinancialEducation #FinancialEmpowerment #FinancialWellness #KidsAndMoney #RESP #ChildrenEducation #ChildrenFuture #BusinessChildren #EarningMoney #SpendingCash #Saving #Investing #BorrowMoney #ProtectingThemselves #knowledgeisfun #knowledgeiskey #Financialfreedom #wealth #generationalwealth #moneymindset #personalfinancetips #personalfinancestatistics #personalfinancetrainer #personalfinancialtrainer #JoinTheDiscussion #personalfinanceblogger
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💰 Money Transformation Mentor: Transform your money life in 3 months with proven ROI. | Certified Coach | Financial Wellbeing Speaker | Epilepsy Survivor | Coached 100+ Clients
In my latest article I address directly my children: Julian and Scarlett. It's a letter for them on breaking the last taboo of money. It's my personal way to discuss the universal issue of financial literacy. Read more: https://lnkd.in/e_2Jih8z #Children #FinancialLiteracy #BreaktheTaboo
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raise financial literacy minimum. if you can have an extra $500 a month by age 28. buy VOO or SPY and hold for life and you'll have between half a million and a million by age 65. age 28, $500 a month. easier said than done to get $500 obviously. but this is a no thinking path to being a millionaire if you have extra money.
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Financial Literacy Consultant I Licensed Social Worker I Public Speaker I Certified Financial Social Worker I Certified Prepare & Enrich Marriage Facilitator
Heyyyy Family, Happy Financial Literacy Month 🙌🏾🙌🏾🤩🤩 All month long we’re are celebrating money wins. 5 signs you’re making progress and you’re good with money… 1. You write a Budget and you know how much money is coming in and what is going out. 2. You prioritize saving for your future and put money aside. 3.You manage debt in a responsible manner by paying bills on time or early, don’t carry a balance on credit cards or loans 4.You understand the basics of investing that aligns with your long term and short term goals. 5. “Trying to keep up with the Joneses”…leave the joneses alone and don’t overspend on items you don’t need. So after reading this, how good are you with your money. Does anyone have all 5? 🤷🏾♀️🙌🏾
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🌟 Today is Teach Your Children to Save Day! 🌟 April 27 marks a special opportunity for us to empower our youngest generation with the invaluable skill of saving. It's never too early to start laying the foundation for financial literacy and responsible money management. 💰📚 Here are three simple tips to make saving fun and impactful for your kids: 1. Start a Savings Jar: Visualise the savings goal. Whether it's for a new toy or a book, watching the jar fill up can be incredibly rewarding. 2. Open a Savings Account: Many banks offer children's accounts. It's a great way to introduce them to banking concepts. 3. Reward Saving: Match their savings to motivate them, showing that saving has its benefits. Let's use today to kickstart conversations about money, saving, and financial goals with our children. Feel free to share your own tips, stories, or activities that have helped you teach your little ones the power of saving. #TeachYourChildrenToSaveDay #FinancialLiteracy #SavingTips
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I'm a licensed financial educator helping parents create a💥 $100K to $1M💥 wealth plan for their children. As seen on @cnbcmakeit @howmoneyworksofficial
Having open conversations about money with our children is crucial for their financial literacy. However, I may have gone a bit overboard with my kids, as they were hesitant to use credit cards. The goal was to teach them responsible spending and budgeting. #HowMoneyWorks #Wealthwave #FinancialLiteracy #TeachingKidsAboutMoney #ResponsibleSpending
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🌟 Today is Teach Your Children to Save Day! 🌟 April 27 marks a special opportunity for us to empower our youngest generation with the invaluable skill of saving. It's never too early to start laying the foundation for financial literacy and responsible money management. 💰📚 Here are three simple tips to make saving fun and impactful for your kids: 1. Start a Savings Jar: Visualise the savings goal. Whether it's for a new toy or a book, watching the jar fill up can be incredibly rewarding. 2. Open a Savings Account: Many banks offer children's accounts. It's a great way to introduce them to banking concepts. 3. Reward Saving: Match their savings to motivate them, showing that saving has its benefits. Let's use today to kickstart conversations about money, saving, and financial goals with our children. Feel free to share your own tips, stories, or activities that have helped you teach your little ones the power of saving. #TeachYourChildrenToSaveDay #FinancialLiteracy #SavingTips
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