A strong financial education builds the foundation for a better future

“Education is the key to unlock the golden door of freedom.” – George Washington Carver

By: The Family Money Team

06.15.2021

2 minute read

Teaching your children how to handle money is one of the most important gifts you can provide.

Consider giving your children a regular allowance and the opportunity to make their own spending choices, as well as experience the consequences of each choice. Spending all their money on candy before a trip to the toy store is a lesson they’ll never forget!

Verizon Family Money brings digital convenience and efficiency to the money lessons of traditional allowances and chores including the value of a dollar. Chores teach children that money costs time and effort – whether parents pay directly, or use an allowance.

Building a budget – Getting money consistently, like a scheduled allowance, prepares kids for paychecks that never come early, and helps them understand they need to make their money last.

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