How to Teach Your Kids to Save and Manage Money, According to Experts
· Telemundo McAllen (KTLM)
Jamie Corum, a cybersecurity professional from Austin, Texas, emphasizes the importance of teaching financial literacy to his three children through engaging activities. He uses timers at the supermarket to help his 10-year-old daughter make budget-conscious choices. Experts suggest that parents should openly discuss money, normalize financial conversations, and allow children to make spending decisions. Tools like debit cards for minors and financial apps can facilitate learning. Setting financial goals, celebrating achievements, and allowing mistakes are also key components. By making money management fun and interactive, families can foster a healthy relationship with finances.
AI summary · Source: Telemundo McAllen (KTLM) →
