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Teaching Kids About Money

Written by Sheeba Manish

Money!! Everyone must know how to take care of their money and what better place to start but when they are kids. Sesame Street has been teaching children about numbers, alphabets, colours and so much more through their amazing puppet characters. Teaching children how to manage their money involves them learning about saving, spending and sharing. Sesame Street’s Elmo and his dad Louie do just that in their show Finance For Kids.

Financial literacy is increasingly becoming part of the school curriculum. Children can benefit by learning how to use their money wisely, save up for their education or a vacation. It gives them a sense of purpose and achievement.

Sesame Street’s ‘Finances for Kids’ is a great way of getting kids started on good financial habits. The show gives kids tools and tips on how to do each. You can watch this NYT video to learn why this show was developed.

 

The show covers ground regarding financial choices, how money is earned, how to save money and much more.

In the video below Elmo demonstrates how monthly allowances can be split into three jars. One for saving, one for spending and one for sharing.

Kids will love learning from Elmo and put it to practice. Children who are financially literate make responsible and informed choices.

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