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Help children learn the habit of budgeting and saving money at an early age


Help children learn the habit of budgeting and saving money at an early age
By:
Web Staff
and last updated 2021-04-29 17:11:36-04
National Teach Children to Save Day occurs in April each year. News 3 asked our financial resource Carl Carlson to talk about what this is all about, and he said the day was started by the American Bankers Association in 1997 to help children learn the habit of budgeting and saving money at an early age. This is so that when they head out into the world they avoid pitfalls that can be financially devastating.
The day is a yearly reminder to be teaching and instilling the habit of saving money into the lives of our children. Our educational system does very little to help educate our children on money management, so as parents and grandparents we need to continually be talking about the financial decisions we are making and why we are making them, Carlson said. ....

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