Talking about and practicing saving and spending helps children learn money skills, math, and counting. Adults can model healthy money practices in daily purchases. Toddlers also learn through reading books about money or playing games about money, such as “store” or “bank.”
Read the fact sheet:
- English – Save & Spend (PDF, 2 pages, 692 KB)
- Español – El ahorro y los gastos (PDF, 2 pages, 669 KB)
- Money on the Bookshelf – A Family Financial Literacy Program, University Nevada Cooperative Extension. Retrieved from http://www.unce.unr.edu/publications/files/cy/other/cm9702.pdf
- New Strategies for Financial Education for Preschool Aged Children and Families Issue Brief 2013-10 by J. Michael Collins, Associate Professor in Consumer Science and Extension State Specialist for Financial Security.
- Raising Money Smart Children – Sharon M. Danes, PH.D., Professor, Department of Family Social Science with Tammy Dunrud, Administrative Fellow, 4-H Youth Development, University of Minnesota, 2005. Retrieved from http://www.cehd.umn.edu/fsos/projects/ruralmnlife/pdf/moneyhabitsforlife.pdf