Kids Get Money’s Post

Pocket Money for Kids: Then vs. Now Remember the simple joy of receiving pocket money as kids? It taught us saving, budgeting, and wise spending. Today, with digital payments and greater financial awareness, kids are learning more advanced financial concepts early on. Is this good? Absolutely! Early financial literacy empowers children to make informed decisions. But, it's vital to maintain age-appropriate guidance and ensure foundational lessons aren't lost. At KiddoFin, we blend timeless financial lessons with modern tools to prepare the next generation for a savvy financial future. What are your thoughts on #pocket money for kids today? #FinancialLiteracy #PocketMoney #KidsFinance #FinancialEducation #KiddoFin #school #bangalore #hosur #nextgen_finanz

Knowing where to start when it comes to teaching kids about money can be hard. Fortunately, we've created a money quiz coupled with some tips to help you get the conversation going and start your youngest kids on the path to healthy financial lives! http://spr.ly/6047j3aSb

Empower your kids with the gift of financial literacy. Discover fun and engaging ways to teach them valuable money skills for life. 📚💡 𝐒𝐭𝐚𝐫𝐭 𝐄𝐚𝐫𝐥𝐲: Introduce basic financial concepts like earning, saving, and spending from a young age. 𝐒𝐞𝐭 𝐒𝐚𝐯𝐢𝐧𝐠𝐬 𝐆𝐨𝐚𝐥𝐬: Help your children set savings goals and encourage them to save on items they want to buy. 𝐏𝐥𝐚𝐲 𝐌𝐨𝐧𝐞𝐲 𝐆𝐚𝐦𝐞𝐬: Make learning fun by playing board games or online simulations that teach money management skills. 𝐀𝐥𝐥𝐨𝐰𝐚𝐧𝐜𝐞 𝐚𝐧𝐝 𝐁𝐮𝐝𝐠𝐞𝐭𝐢𝐧𝐠: Consider giving your children an allowance and teach them how to budget for saving, spending, and giving. 𝐋𝐞𝐚𝐝 𝐛𝐲 𝐄𝐱𝐚𝐦𝐩𝐥𝐞: Be a positive role model by demonstrating responsible financial habits and involving your children in family financial discussions. #FinancialLiteracy #KidsFinance #MoneyTuesday #brisbanefinancialadvisors #familyfinancialplanning #certifiedfinancialplanners #tailoredfinancialplanning #financialplanningbrisbane #financialadvisor **** Your Vision Financial Solutions Pty Ltd ABN 64 650 296 478 and its Advisers are Authorised Representatives of Fortnum Private Wealth Ltd ABN 54 139 889 535 AFSL 357306. This post/video has been prepared without taking into account your personal objectives, financial situation or needs. Before acting on any information on this post/video you should consider the appropriateness of the information having regard to your objectives, financial situation and needs.

Knowing where to start when it comes to teaching kids about money can be hard. Fortunately, we've created a money quiz coupled with some tips to help you get the conversation going and start your youngest kids on the path to healthy financial lives! http://spr.ly/6043jHXxd

Knowing where to start when it comes to teaching kids about money can be hard. Fortunately, we've created a money quiz coupled with some tips to help you get the conversation going and start your youngest kids on the path to healthy financial lives! http://spr.ly/6040jeKAu

Empower your kids with the gift of financial literacy. Discover fun and engaging ways to teach them valuable money skills for life. 📚💡 𝐒𝐭𝐚𝐫𝐭 𝐄𝐚𝐫𝐥𝐲: Introduce basic financial concepts like earning, saving, and spending from a young age. 𝐒𝐞𝐭 𝐒𝐚𝐯𝐢𝐧𝐠𝐬 𝐆𝐨𝐚𝐥𝐬: Help your children set savings goals and encourage them to save on items they want to buy. 𝐏𝐥𝐚𝐲 𝐌𝐨𝐧𝐞𝐲 𝐆𝐚𝐦𝐞𝐬: Make learning fun by playing board games or online simulations that teach money management skills. 𝐀𝐥𝐥𝐨𝐰𝐚𝐧𝐜𝐞 𝐚𝐧𝐝 𝐁𝐮𝐝𝐠𝐞𝐭𝐢𝐧𝐠: Consider giving your children an allowance and teach them how to budget for saving, spending, and giving. 𝐋𝐞𝐚𝐝 𝐛𝐲 𝐄𝐱𝐚𝐦𝐩𝐥𝐞: Be a positive role model by demonstrating responsible financial habits and involving your children in family financial discussions. #FinancialLiteracy #KidsFinance #MoneyTuesday #brisbanefinancialadvisors #familyfinancialplanning #certifiedfinancialplanners #tailoredfinancialplanning #financialplanningbrisbane #financialadvisor **** Your Vision Financial Solutions Pty Ltd ABN 64 650 296 478 and its Advisers are Authorised Representatives of Fortnum Private Wealth Ltd ABN 54 139 889 535 AFSL 357306. This post/video has been prepared without taking into account your personal objectives, financial situation or needs. Before acting on any information on this post/video you should consider the appropriateness of the information having regard to your objectives, financial situation and needs.

In celebration of European #money Week, I want to remind all parents that there are four concrete steps to shaping your child’s financial future: 1️⃣ Make money an enjoyable conversation topic with your young child. 🤩 It’s as easy as reading a bedtime story 📚 2️⃣ Ensure you teach your child 4 essential money skills - in the right order! ✅ 3️⃣ Avoid common mistakes 😱 (check out my workshop recording on this - link below) 4️⃣ Support your child in transforming basic money skills into life-long money habits 💪 Need guidance? Then don’t hesitate to raise your questions in the comments! 🥂I raise my glass the the next generation of money-smart kids! #smartwaytostart #financialliteracy #financialliteracyforkids #financialparenting #financialeducation #kids #parenting #financialfuture #learning #education #schooling #moneyandkids

I had a 💡 moment during a taster session of ‘Talk, Learn, Do’, a MoneyHelper resource developed to help parents & carers talk to their children about money. Children who are good with money usually learn these skills from their parents or carers. However, as we chatted, I realised that I have missed so many opportunities to support my own children’s financial awareness. But I was also reassured by my learning – and my colleague Lee Phillips MBE who led the session (& recently-honoured for her achievements in financial education) – that it definitely wasn’t too late to build new, positive habits in our family. 💸 Money is often invisible these days, certainly in our house, with all our banking done online, purchases of all sizes made at the tap of a screen, bills paid by direct debit or electronic transfer. And we haven’t really ‘done’ pocket money yet – I did get a special debit card for children but they didn’t really use it & I ended up paying for sweets & toys on my own card anyway. But without seeing daily budgeting and transactions, it’s even more important to find ways to get my children involved so they can learn how to manage money as they get older. I also worry they don’t really understand the value of money, and that’s something I want to change. I loved the resources we looked through. There’s no right or wrong approach to this, it’s about what works for your family. ✋ I’m going to start with giving £1 or £2 a week in cash as pocket money, and speak to my children about how to manage it but also that it’s their decision what they spend it on or save it for. I’m also going to think consciously about opportunities to show them how I manage our household finances – for example, showing them when I pay a bill (they might be surprised to learn that everything we use costs money!) You can find MoneyHelper (Money and Pensions Service) Talk, Learn, Do resources here https://lnkd.in/e3neg7QR #FinancialEducation #FinancialWellbeing #Education #FamilyLearning #Resources #TalkLearnDo #WhatWorks #Evaluation #MoneyHelper #Children #YoungPeople #Money #Credit #Debt #Budgeting #Saving #Learning #Money

Knowing where to start when it comes to teaching kids about money can be hard. Fortunately, we've created a money quiz coupled with some tips to help you get the conversation going and start your youngest kids on the path to healthy financial lives! http://spr.ly/6044j1f02

Let’s face it: Teaching your kids about money when you’re still learning yourself can be challenging! But if you want them to be financially successful adults, you’ve got to start them young. Here are 4 ways to teach your kids to be smart with money: 🧸 Start with toys. When you’re in a store, and they ask for a certain toy, explain to your child that they’ll need to save their money before they can buy the item they want and that you’ll show them how. 📊 Save and budget. By the time they’re in elementary school and are learning more about how much things cost and the concepts of working and saving, you can help your kids open a savings account at your credit union. 👀 Model good behavior. Practicing good financial habits, having an open dialogue with your children about money, and identifying “teachable moments” are all vital to cultivating a strong financial education for your children. 🤩 Give real-life examples. Talk openly about money with your children. It’s crucial to explain the “why” behind family money decisions, and even to help them learn from your money mistakes. Starting financial lessons at a young age can help build their confidence in a major way. #MoneyMonday #money #finances #goals #family