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


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.

What to read next…

See all articles
See all articles