< Back to Blog

Lessons to Teach Your Kids for Financial Literacy Month

April 26, 2018 | 0 min read

'Finance is, in fact, a critical part of life. So much of the intangibles we care about -- whether it’s family or health -- are directly correlated to our financial flexibility and our having emergency funds.' --Ryan Caldwell, CEO, MX 

young child girl with mom learning about money

As we celebrate Financial Literacy Month (#FinancialLiteracyMonth, #FinHealthMatters), this is a wonderful opportunity to pause and focus on the rising generation. As the ability to understand and earn money, save money, and budget and use it wisely is so important to our happiness in life, it's worth focusing this month on what we're doing to teach children, teens and young adults wise financial best practices.

Here are a few tips for talking about finances with kids from a recent article by Maryalene LaPonsie for U.S. News & World Report/.

'Financially educated high school students are more likely to have a savings account with regular savings, fewer overdrafts and more likely to pay off their credit card balances,' according to the entry on 'personal finance' in Wikipedia.

What can you do today? Talk to your child, grandchild, niece, nephew or relative. Volunteer at a school. Donate to a fund. Read an article and make a commitment to act. And in some small way help the next generation enjoy the financial freedom -- and avoid some of the pitfalls -- you have experienced in your life. 

Related Blog Posts

Riding the Wave of Financial Wellness Means Building Education, Community, and Trust

July 22, 2022 | 2 min read

Improving financial wellness starts with creating a more connected open finance ecosystem with access to actionable data.

Fintech and Finance Leaders Riffing on Community, Open Banking, Payments, and More

July 14, 2022 | 3 min read

Founders, influencers, and leaders participated in an unmoderated, unfiltered discussion about trends in finance and fintech.

5 Reasons to Choose ACH

April 26, 2022 | 2 min read

Ahead of the 2022 NACHA Payments conference, read why ACH payments are a more cost-effective and lasting option for businesses from MX Technologies.

Sign up to receive the latest news, announcements, and event info from MX.