Here are a few more tips on educating your children on being financially literate:
Reflecting Your Values
Like any other area of life, you will naturally want to pass down truisms that have guided you financially. Succinct phrases often suit this purpose quite effectively, such as, “keep a little gas in the tank, a little money in the bank.” Or, “don’t place all your eggs in one basket.” Sound corny? Perhaps. But such sayings today might just remind your children of something important tomorrow.
 Those who value philanthropy should consider including their children in the charity selection process. Teach them why certain causes are important to you and how you determine the amount to give. Perhaps you could give your children gifting discretion over a small sum of charitable dollars.
Investments 101
The day will eventually come when your children will be ready to talk investments, retirement, and taxes. Feeling intimidated yet? There is no need to fear. Being financially literate is not child’s play. But then again, neither is being a parent.
Remember its never too early to start planning for the future. We hope these tips have helped you start the financial conversation with your children.