Money and Economics for Young Children

Parents and caregivers are in a unique position to prepare children for money management by teaching financial literacy at home. Children as young as three can begin to grasp the four functions of money: spending, saving, investing, and giving. This article gives parents ideas on how to introduce financial concepts to children.

This website provides parents and educators short videos, printables, games, and webinars about kids learning the value of money and understanding what it means to save, spend, and share. Resources can be grouped by age levels: toddler, preschooler, or kindergartener.

Every child needs to learn to manage money responsibly. Just like other areas of health, such as nutrition and exercise, money management can become a part of a child’s lifestyle. This article explains the basics of saving, spending, and sharing.

Through this short video, meet experts who operate a bank in their school. The tellers, bookkeepers and board members are all kids, but kids and grownups can make deposits into real accounts. The video is accompanied by support materials for PreK & K teachers.

This article gives educators and parents ideas for activities and strategies for guiding children as they learn about earning, spending, and saving money. A book list is offered with options for different age groups.

No need to be a money expert—the tips and activities here can help your children’s money skills, habits, and attitudes grow.

Paying with a card is convenient, but it can be mysterious to kids. When children don’t see adults hand over cash, it’s easy for them to misunderstand payment. This article includes tips to help parents have a conversation so that their child gains money skills that can help them later.

Learning the basics of money in an age-appropriate way is important for kids. Just like learning to add and subtract or telling time, between the ages of 3 to 6, money is another basic math concept they can start to understand. This article for parents explains how to guide children towards healthy habits with money.

This short video segment explains the different types of bills and coins, and lists a few ways to use money including: saving, donating, or spending it on things that are needs instead of wants. The video is accompanied by support materials for PreK & K teachers.