It’s April, and you know what that means—it’s officially Financial Literacy Month! And while we’re all about helping adults master their money game, there’s another group that deserves our attention this month: kids.
Why Teaching Kids About Money Matters (Like, A Lot)
Let’s be real—money doesn’t grow on trees, and it definitely doesn’t come with a how-to manual. Teaching kids about money equips them with skills that lead to financial independence, good habits, and the confidence to navigate their financial future (without Googling “What is a budget?” in college).
Understanding how money works helps kids
Children, young and old, benefit from learning about money. It helps them to:
- Make smarter spending choices
- Set realistic goals (and save for them)
- Handle unexpected expenses like a boss
- Avoid falling into the dreaded debt trap later in life
Age-by-Age Money Lessons: Make It Make Sense
Every age comes with a new stage of money smarts. Here's how to break it down and keep things age-appropriate—and dare we say, even fun.
Ages 3 to 8
Start simple. Kids this age love to role-play, so turn playtime into “bank time” or “store time.” Introduce the concept of money with pretend shopping games or jars labeled "Spend," "Save," and "Share."
Ages 9 to 12
This is prime allowance age. Kids can start learning about earning, budgeting, and the value of delayed gratification (a hard sell, we know). Let them track savings goals or open their very own Nymeo Youth Account, where they can check balances and learn banking basics.
Ages 13 to 18
It’s time to level up. Teens are ready to talk about real-world stuff—like debit cards, building credit, part-time jobs, and investing. Encourage them to manage their own student checking account with Nymeo, and explore financial tools like mobile banking, budgeting apps, and our free financial education resources.
Bonus: Nymeo rewards good grades—literally. Ask us about our money for A’s on report cards!
Prepare the Next Generation
Financial literacy isn't just a buzzword for us—it's a mission. From classroom visits and student workshops to our community events and interactive tools, we're serious about making money make sense for the next generation.
Category: College and Finances
