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Teaching Financial Literacy Education from an Early Age

2 Frugal Dudes June 2, 2020 85

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    Teaching Financial Literacy Education from an Early Age
    2 Frugal Dudes

Episode 182: Learn how to teach financial literacy to children and why kids are never too young to learn about personal finance. We’re talking about the free K-12 Financial Education curriculum and how it’s impacting students of all ages.

Why Teach Kids About Personal Finance

Healthy financial habits start at a young age. Children are influenced by their parents when it comes to money management. Teaching kids about personal finance before they’re out on their own, you can set them up for future success and help them set their own path forward.

Young children in elementary school can learn the basics, with the lessons getting more complex as they get older. As a younger child, learning that money is earned, how to save up for something, and the importance of giving are age-appropriate lessons. At the high school level, that evolves into the specific skills, understanding credit, learning how to invest, etc.

The Choose FI Foundation is a completely free curriculum that has lessons covering from kindergarten to graduation. Whether you’re a teacher, homeschooler, or an interested parent, you can access that information here.

Why Teach Kids Entrepreneurship

A lot of courses will teach people about how to cut your budget and expenses to save more money. However, that’s only one side of the equation. Building your wealth through side hustles, improved job opportunities, and negotiating payments can increase income on a grander scale.

It also helps students develop the skills they’ll need outside of school to survive and thrive as adults. From planning to problem-solving to interacting with other people, there are non-monetary benefits to learning the basics of entrepreneurship.

Show Links & Related Episodes


Disclaimer: Kevin and Sean are not professional financial advisors. Do not take any advice they give without first speaking with a professional and performing your own due diligence. This post may include affiliate links.

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