April is Financial Literacy Month, a month focused on raising awareness about the importance of planning for a secure financial future. Financial literacy isn’t just a skill for adults, teaching kids about finances can help them be better prepared to manage money as adults.
You can positively influence your child’s financial development even if you are not an expert on financial concepts. Here are some free resources to help you teach your children about money:
- The Consumer Financial Protection Bureau (CFPB) has developed over 250 learning activities for every age group from preschoolers through high school students.
- MyMoney.gov has a resource page for kids and youth with fun activities, video games, and links to other websites that can help kids learn how to save money, how to be a smart consumer, and how to create a budget to meet their financial goals.
- The Federal Deposit Insurance Corporation has developed the Money Smart for Young People curriculum. Each age-appropriate curriculum includes lesson plans for educators along with guides for parents and caregivers.
For more tools to help your kids become financially literate, check with your bank or credit union. Most large financial institutions have financial education resources specifically designed to help parents educate their children about money.
Your Employee Assistance Program is here to help
If you want assistance in becoming more financially literate, your Component Employee Assistance Program (EAP) can help. Your EAP offers financial consultations for a wide variety of financial concerns. For more information contact your Component EAP or send an email to email@example.com.