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How to Teach Your Kids to Save and Manage Money, According to Experts

· Telemundo McAllen (KTLM)

Experts suggest engaging children in financial education through fun activities. Jamie Corum, a cybersecurity professional from Austin, Texas, uses timers at the supermarket to teach his 10-year-old daughter about budgeting and taxes. He emphasizes the importance of open discussions about money within the family. Jennifer Seitz from Greenlight notes that many parents are eager to improve their children's financial literacy, despite feeling unprepared. Parents can use tools like debit cards for minors and financial apps to make learning about money enjoyable. Setting financial goals and allowing children to make spending decisions are also key strategies for fostering healthy financial habits.

AI summary · Source: Telemundo McAllen (KTLM)

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