When it comes to holiday gifts for kids, for the most part, gift giving involves a ton of toys, electronics, clothes and the like. While these are all great gifts, I want to share some other great gifts that will help you teach your children the importance of money and good personal finance habits at an early age to set the stage for their financial success as adults.
As you probably are aware, the lessons you learn (or don't learn) about money as a child transcend into how you deal with money as an adult and many financial mistakes are made in adulthood simply due to a lack of knowledge, so why not prepare your children to make smart decisions with their money now and in the future?
" Why not prepare your children to make smart decisions with their money now and in the future?"
Below are some great (and fun gifts) for your children to teach them about money that you can use with them too. Click on the the images below to learn more and purchase.
9 Great Christmas Gifts For Kids
Some other ideas to teach your kids about money:
- Take them to open a bank account
- Talk to them about savings and budgeting
- Purchase a stock for them or open a certificate of deposit in their name and explain what it is
Here's to teaching your children financial responsibility this holiday season!