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Research shows children can begin learning about money as early as three years old. And starting early can help young children learn healthy financial habits that will last a lifetime. Children grow up so fast and teaching them the value of money often gets overlooked. Unfortunately, in hindsight, parents regret not teaching their kids this important life lesson of money management. Good news! We’re here to help!
Whew... How many times have you heard that before? According to CBS News, half of the American parents have cut back on their retirement savings to help pay their children’s bills, a Bankrate.com survey shows. Parents are putting their kids’ car insurance, cell phone bills, credit card debt, and health care costs ahead of their own needs to grow their retirement funds. Kids miss out on learning to be independent. “When you write your first rent check or car loan check it feels so good to be able to face some problem and fix it for yourself,” said one expert. Read the full story
Piggy Bank Tutor helps parents teach the value of money by making financial literacy accessible and entertaining. Our Kids & Money Parents Club and Family Fun Financial Literacy Virtual Events provide parents with educational and entertaining ways to help raise money-smart kids, practicing the five pillars of financial literacy: earning, saving, giving, investing, and understanding the value of money.