Mountain America Credit Union’s Post

Set your kids up for financial success with these smart money moves! 1️⃣ Help them understand that everything costs money. Now is the time to teach them how to prioritize their purchases. Show them that buying something they want now might mean delaying something they really need later. 2️⃣ Teach them how to budget. Give them choices between things they could buy, like a movie ticket or a new toy, and then demonstrate how to plan to make the purchase. 3️⃣ Show them how to do their homework. Once they decide on what they want to buy, guide them through comparing prices and making smarter shopping decisions. 4️⃣ Be an example. Your kids observe everything you do. Let them witness you making important financial decisions so they can see how you prioritize what to buy and what to pass up. For 3 more tips, check here: https://lnkd.in/dsdUeKSY

To view or add a comment, sign in

Explore topics