First Money Lessons

Teaching Children About Money

How soon is too soon to start teaching children about money? Most children begin to develop an awareness of money around age 2 or 3, according to child development specialists. That's not too soon, then, to begin to involve preschoolers in activities that will form a good foundation for future money management skills. The specific activities used should be tailored to the interests and abilities of the individual child.

In addition to considering the tips in this article, we suggest that you familiarize yourself with Thrive by Five™: Teaching Your Preschooler About Spending and Saving, from the Credit Union National Association, which has activities you can use with your children and other resources.


Money Lessons for Ages 2 and 3

Identifying money

Saving money

Using money to buy something


Money Lessons for Ages 4 and 5

Identifying money

Saving money

Using money to buy something