Financial & Behavioral

Why & How to Talk Money with Kids

Do you know when kids start forming attitudes and ideas about money?

It may be earlier than you think.

It’s around the age of 3. ¹

Believe it or not, that’s NOT too early to start doing some basic finance activities with young children or grandchildren.

In fact, age 3 can be an ideal time to begin talking to children about concepts like buying versus saving. And teaching them what it means to save now so they can buy a more valuable item they want later.

The Willpower Gap

How much willpower do you have in the morning? How much do you have at night?

If you’re like many folks, you tend to have weaker willpower at night than in the morning. Why?

Because most of us are exercising willpower continuously throughout the day. When we use our willpower, we’re draining it. ¹

That could leave us vulnerable to the willpower gap before we know it.