Money Minute: Important money lessons to teach your children

Helping kids understand the basics of money

It's never too early to start talking to your children about money, how it is acquired and how it is spent. Here are some great money lessons to teach your kids.

It’s never too early to start teaching your children about money and how it is used every day.

Parents and caretakers are encouraged to teach children about the concepts of money, such as how it is earned and spent, at a young age. Experts say that children should be taught that money is neither good nor bad, it simply just is.

Learn more in the video report above.

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About the Author:

Rod Meloni is an Emmy Award-winning Business Editor on Local 4 News and a Certified Financial Planner™ Professional.