Teaching children in the classroom and connecting the lessons to home through activities, story books, and savings programs is an effective approach. Children at primary grade levels can effectively be taught the difference between needs and wants, they can practice setting a goal and working toward it, and, most of all, they can practice saving money! Here are some great places to begin your research: • The Council for Economic Education: www.councilforeconed.org. • The JumpStart Coalition: www.jumpstart.org. • The National Credit Union Association: www.ncua.gov. • Your local Cooperative Extension Service office may have resources related to teaching children about money. We would like your feedback on this Personal Finance Frequently Asked Question.
