Between the ages of 6 and 12, you can help children absorb rules of thumb and day-to-day habits that shape how they earn, save, and shop. Habits like planning ahead, saving up, and sticking to goals and values help children (and adults) achieve financial well-being in adulthood.
In this age range, your child can develop these skills and more!
- Positive attitude about saving, being frugal, and self-control
- Ability to plan ahead or save up for what she wants
- Ability to make money choices that align with her own goals and values
- Self-confidence in starting an unfamiliar money task
Content adapted from https://www.consumerfinance.gov/consumer-tools/money-as-you-grow/school-age-children-preteens/money-milestones/
