Everything should be taught to kids.
I had a savings account when I Was like 5, my own checking account at 13, and a credit card at 16 when I got my first "real" job. I know a lot of parents are scared to help their child get a credit card because they think they will fall flat on their face. I just think that is ridiculous. Pretend like credit cards don't exist so they can fall flat on their face in college or when they get their first job? Make those mistakes when you are young and it doesn't matter. Or even better, teach your kids not to make those mistakes in the first place.
Start young and often.
My parents did really good with me. But they didn't teach me much about investing (I recently learned that they pooh pooh the power of compounding, and that is probably why. They just never had that advantage and they don't know what they missed). But you can start investing small amounts when your child is little and SHOW them the power of compounding. That is the one thing I am adding to my parenting - teaching my kids about investing.
Likewise, I would teach kids anything an adult show know. I mean my parents educated me on cars when I turned 16 and mortgages when I was ready to buy a house. A lot of that stuff you don't need to know as a pre-teen. But basic money management and budgetting and investing, all of that should be started quite young. Good habits will likely carry over to adulthood.
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