Feeling able to manage financial resources is a life goal for most of us. It is also a skill we would like to teach our young loved ones. We have learned, often the hard way, that being good money managers doesn’t just magically happen. We have learned to manage money gradually, beginning in early childhood and continuing throughout our lives. This fact sheet offers suggestions for adults as they help young children develop their ability to manage money, also known as financial capability.
Gnatuk, Carole A. and Granovsky, Nancy, "Building Your Preschooler’s Financial Capabilities: Information for Parents and Caregivers" (2014). Family and Consumer Sciences Publications. 117.