Financial Literacy Month: Raising Money-Smart Kids

Financial Literacy Month is an opportunity to help clients build the knowledge and confidence needed to make informed financial decisions at every stage of life.

This year's theme, Raising Money-Smart Kids, focuses on helping parents and grandparents prepare the next generation for financial success. From teaching healthy money habits to introducing concepts like investing and compounding, meaningful conversations today can help children and young adults build lifelong financial confidence.

In today's digital world, those conversations are more important than ever. Young people are increasingly exposed to financial information through social media, online influencers, and AI-powered tools, highlighting the importance of helping them evaluate information critically and make informed financial decisions.

To support client conversations during Financial Literacy Month, we've created a collection of resources that advisors can share with families to help start the conversation.

Raising Money-Smart Kids

Good financial habits often start at home.

Raising Money-Smart Kids: Teaching Financial Habits That Last a Lifetime explores practical ways parents can introduce concepts such as saving, budgeting, spending, and financial decision-making through everyday experiences. The article also examines how families can navigate today's digital landscape and encourages open conversations about money from an early age.

Money-Smart Kids: Facts, Questions & Conversation Starters

Sometimes the hardest part is knowing how to start the conversation.

This companion resource provides conversation prompts, discussion questions, and facts designed to help parents engage children and teens in meaningful discussions about money, financial goals, investing, and decision-making. It also encourages families to involve young adults in conversations with trusted financial professionals, helping financial planning feel more approachable and relevant.

Time: A Young Investor's Greatest Asset

Parents spend a lot of time teaching children how to earn and save money. Helping them understand how money grows can have an equally lasting impact.

Time: A Young Investor's Greatest Asset: Teaching Children the Power of Compounding introduces one of investing's most important concepts in a way that families can discuss together. The article explores how compounding works, why starting early matters, and how even small contributions can benefit from time and consistency. It also includes practical examples and conversation starters to help children understand the value of long-term investing.

Start the Conversation Today

The greatest financial legacy parents can leave isn't simply wealth, but the knowledge and confidence to manage it wisely. Explore our Financial Literacy Month resources and speak with your financial advisor about ways to support meaningful money conversations across generations.