The earlier you start teaching children about money. Experts say they can start grasping some important concepts like saving and spending.
One study even found kid’s money habits are formed at the young age of seven years old.
Panola College is holding a money management camp for kids. The camp is divided into two age groups which are 6-12 and 13-17.
Camp teachers tell us the younger class will learn about different kinds of currencies, savings, needs vs wants and other money strategies.
“Before I learn budgeting I would have bought dolls but now I need to stick with cereal.” Fourth grader Gracie Broomfield said.
The older class of 13-17 year olds will learn advance skills in money management such as stock investing and government bonds.
If you are interested in learning more about investing for yourself or children experts recommend visiting this website- https://www.thepennyhoarder.com/smart-money/