The Money Rules Finance Experts Teach Their Own Kids

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With everything there is to know about personal finance, managing your own money can be daunting. Imagine if you were the child of a finance expert!

Cash in hand


Kids as young as two can start getting familiar with how currency works. Starting them early could help them be financially responsible down the road. “Even though my daughter is young, she understands that money is exchanged for things. When we go to restaurants, we play with money, and she pretends to pay,” says Erin Ellis, financial educator at Philadelphia Federal Credit Union. These are the 8 smart things finance experts would do if they landed extra cash.

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