6 Steps To Raise Financially Responsible Children: Step 6

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Age Appropriate Activities

As a parent, you have the opportunity to custom develop a learning environment that is suitable to your child’s age. Not all children advance through developmental stages at the same pace. So what might be appropriate to teach the average ten year old could be learned and practiced by your unique eight year old. Only you will be able to assess what money concepts and activities are appropriate for your child and determine if he is able to successfully put into practice what you taught him.

Take your time reading through the suggestions and put together a plan that will work well within your family environment and will match the learning skills of your special child.

You may advance directly to the section that deals with the age of your children. However, we recommend you read through the materials for all ages so that you can be assured that your children already understand and practice all of the fundamental money management concepts. It is easy to have forgotten something while teaching the basics, so why not start from the beginning?

This seminar utilizes a bevy of materials that have already been created by several reputable sources. These organizations have spent thousands of hours researching financial literacy and putting together age-related lessons on financial knowledge. The National Council on Economic Education (NCEE) is just one example. They are a nationwide network that leads in promoting economic literacy with students and their teachers. NCEE’s mission is to help students develop the real-life skills they need to succeed: to be able to think and choose responsibly as consumers, savers, investors, citizens, members of the workforce, and effective participants in a global economy.

EconomicsAmerica represents NCEE’s growing number of initiatives developed for America’s schools in a comprehensive K-12 program. The goal is to have economics be the Fourth ‘R’ in our education system: Reality.

The list of courses they have developed on money and economics by grade level is quite exhaustive, so we recommend you get your feet wet by starting with a just a few. Links to recommended lessons that will be useful in teaching your child about money will be provided in the Age Appropriate Activities.

 

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