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Young Children

Children ages 3 to 5 are usually too young to understand abstract financial concepts. Still, they're building a foundation that can serve them well in the future.

Money ideas to talk about and try with your child

talking points 1


Say: You need money to buy things, and you earn money by working.




Say: You may have to wait and save up money before you can buy something you want.



Say: For major events – and for everyday activities – you need to think ahead about what you'll need.

talking points 2


Say: Every time you spend money, you make a choice. There's a difference between things you need and things you want.

Helpful Tips
Keep in mind that you're teaching about money, on purpose or not. Your children are constantly watching and listening, so they might absorb more than you think. When you shop for a bargain, or splurge on a treat, or plan a special occasion, you're showing your kids how to think about money.

Don't worry too much about things you don't know. You're in good company. Most people don't. and that's okay. Every day, you excel at something your children need to learn – whether it's managing your time between work and home, saving money when you shop, or planning for a future event.

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Help your child reach money milestones...



Together, we can make
your financial goals a reality.