What You Need to Train Young Kids About Money

The Key to Teaching Your Kids About Money… is to Start Young

If you’ve wondered whether it’s too early to start teaching your kids about money, consider this excerpt from Let’s learn about money! Teaching young children about money, an article published by Penn State Extension:

As children grow and start to make choices, they learn that people, things, and money have value. These concepts form the foundation for understanding the importance of spending, sharing, and saving.

In other words, it’s never to early to understand money.

Start Young Road Map

At Evangelical Christian Credit Union (ECCU), we couldn’t agree more. Our conviction is that earlier is better to begin developing not only an understanding of money, but also the biblical values of generosity and stewardship. It’s why we created Start Young Savings and Spending Accounts and the FREE Start Young Road Map: A Guide for Training Financially Responsible Kids to help you get started.

And because this is for you and your kids, the digital guide is designed to capture and keep their attention as they learn.

The fun, free and downloadable Start Young Road Map includes money management ideas for kids ages 0-7. The digital guide is packed with practical ideas that you can use in everyday life to introduce your kids to a foundation of concepts to earn, give, save and spend.

For example:

  • How they can earn money in small ways
  • Ideas for sharing to teach giving
  • How to build good savings habits
  • Using everyday events to teach financial foundations

And the Start Young Road Map is just the beginning, as it helps to get your creative juices flowing. For example, here’s another idea inspired from the guide.

To get your kids excited about vacation and make saving fun, create a “Vacation Fun Fund” jar that everyone in the family can add to during the year and cash in at vacation time. You can also work money concepts into your kids’ imaginary games, like playing pretend restaurant or store. The ideas are endless.

And, if you have kids of various ages you want to train to handle money more wisely, there’s a portion of Start Young Road Map dedicated to pre-teens and a section for teens as well.

To get started teaching your kids about money, follow this link for free access to Start Young Road Map: A Guide for Training Financially Responsible Kids

About the Author:


In 28 years of marriage, Rachel Soto and her husband David have welcomed six sons into their family. Those boys gave her 15 years of homeschool experience; she taught them through high school. With the boys off to college or on their own now, she returned to work at Evangelical Christian Credit Union (ECCU). When she’s not working, she enjoys cooking, reading, coffee dates with friends and even an occasional nap.





Looking for more great articles about teaching your children how to manage and steward their money? Check out Pizza Prepares Kids To Make Sense Of Money, To Build Kid’s Money Handling Habits, Start Young, and Common Sense Savings Skills That Aren’t So Common on the Teach Them Diligently Blog.

Image result for like  LIKE and FOLLOW us on FACEBOOK

Image result for like instagramFOLLOW us on INSTAGRAM