Financial Education For Kids!

Chances are COVID-19 has impacted your family’s schooling. With the annual Teach Children to Save Day coming up and with so many young learners now at home, we’re sharing some useful learning resources around financial literacy.

Let’s get started!

Teach the Importance of Saving

Our Saving Money is Fun handout explains the difference between needs and wants and offers simple tips to start saving early. This will begin to teach the importance of saving to your kids.

Let’s Get Crafty!

After discussing the fundamentals of saving, get crafty and bring the bank home. Print out our Piggy Bank Wrapper and bring some arts and crafts to the kitchen table. While your kids make their own personal bank from an empty vegetable can, you can talk with them about the many benefits of saving. It’s a great way to stay busy while homeschooling them.

The End Credits…

Now that you’ve discussed and began to teach the importance of saving, we encourage you to talk about credit. Our Good Credit Scholastic Infographic is intended for 5th grade and up. Feel free to use it to define credit and explain the difference between good vs. bad credit. Doing so will impart the value of good credit for making larger purchases in the future.

Saving money is a habit, and one best learned early in life. We hope these materials are a fun resource for homeschooling and a great way to educate your kids on the benefits of saving. Questions? Feel free to call CosmoLends at 216.387.1003.