Monday, April 16, 2012

April is National Financial Literacy Month: Check out!

I've introduced you to this awesome resource before, but would like to remind you of the importance of teaching your children financial responsibility. On March 31, 2011, President Obama delivered a Presidential Proclamation declaring April as National Financial Literacy Month to encourage Americans to recommit to building a secure future for themselves and their families and to improving financial literacy. I think we all know that the economic volatility over the last couple years has been difficult on everyone, and it's more important than ever that we teach our kids good financial habits so that they are prepared for the future., a free financial education website that helps parents educate their kids about money, recently created the Family Financial Literacy Pledge for parents to sign and print this April to commit to engage in teachable moments that illustrate skills like budgeting, saving and investing. These important skills will help our children learn what is needed to create bright financial futures. The pledge is a great way to get your kids involved and remind you to take advantage of those teachable moments that come up every single day.
I just signed the pledge, and I'm already finding small ways to teach my 3-year-old about money! We seem to be finding a penny here and there everywhere we go lately, and Buddy has really taken interest and claimed this money as his own. So, I made him his own "money box" as a way for him to keep his money safe and accessible so we can actually talk about too. He now knows what each coin is, we count it often, and we're talking about saving it for something special he wants to buy (and save some too). Teaching the value of money can start young, and Buddy is clearly starting to understand that everything costs money (Daddy's hard-earned money!). Take the pledge today and take the time to talk to your family and kids to help them understand the importance of money matters and saving!

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Disclosure: I received monetary compensation in return for posting this information and learning about DoughMain through their website. Still, I only post information that is honest, and I feel will interest my readers. These are my completely honest opinions above based on my own experience and may be different from yours.