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What to Teach Kids by Middle School

What to Teach Kids by Middle School

Ideally, financial education should start at a very early age. By middle school, kids often begin earning money from allowances, babysitting and other odd jobs, so it’s crucial that families have conversations about how to manage that money before negative habits are formed.

Youth Savings Accounts

Even if you’ve just welcomed a little one to your family, you can still get them started on the right foot with a savings account. Parents, grandparents and other family members will frequently choose to open a savings account in a child’s name at the time of birth. By giving small gifts of money for birthdays and taking the kids to deposit their gifts in their savings account, family members can bond and teach good habits all at the same time.

Stream or Download the Podcast

Joel Chrisler, host of Real Life 101, has the tips for preparing kids as they grow.

Check out this podcast episode — What Parents Should Teach Their Kids by Middle School — to learn how to talk to middle school students about money and how it works in their everyday lives.

Throughout the podcast, parents will learn how to talk with kids about basic economic concepts and how to be a good consumer. It’s only about 15 minutes long, so you can download or stream it during your commute, lunch break or workout, and take parental multi-tasking to a whole new level!

Learn More

For other podcasts, videos, infographics and articles with all kinds of financial information, visit our Financial Resource Center, where the podcast was originally featured.

Or, visit clearviewfcu.org for information about youth accounts and other products and services to assist your family during every stage of growth.

But what happens when kids start getting older and earning their own money?
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