How to teach your children age-appropriate financial lessons

Community

April 5, 2019 - 3:08 PM

PHOENIX — When it comes to understanding money management, responsible spending and healthy saving habits, it’s best to start young.

“For better or worse, parents serve as the prime example when it comes to financial behaviors,” says Michael Sullivan, a personal financial consultant with Take Charge America, a  national nonprofit credit counseling and debt management agency. “Beginning financial discussions early-on, and continuing these conversations through each age, can help kids become financially independent and confident come adulthood.”

Sullivan outlined age-appropriate financial lessons that parents can instill in daily life.

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