Money habits start younger than most parents think — by age 7, kids have already formed core attitudes about spending and saving.
Why Start Now
The earlier kids handle money themselves, the more comfortable they become making real decisions later. Skipping this stage means an adult who's never made a small money mistake — and small mistakes are the ones we want them to make.
Easy Tips Parents Can Use
- Let them hold their own money — even a small amount
- Talk openly about prices when shopping together
- Give them choices: save for X, or spend on Y?
- Don't rescue every money mistake — small losses are great teachers