Teaching children about money

From: Financial Consumer Agency of Canada

Begin teaching children about money
Teach children early about needs versus wants, where money comes from and how to save using a bank account.

Money concepts for each age
What to teach your preschool, school-aged, preteen and teenaged children about money management.

Giving children an allowance
What to consider when deciding to give an allowance: how much to give, how often to give and if it should be earned.

Teaching children about smart spending
How to teach your children to track spending, say no to impulse shopping and be careful when shopping online.

Teaching teens about credit
Teach teens how to use credit, make payments in full, build a credit history and co-sign a credit card.

Your teen's first cell phone
Choose a cell phone service plan, budget for monthly bills, co-sign a contract and protect your teen's credit history.

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