April is Financial Literacy Month, a perfect time to talk to kids about money. According to research from Cambridge University, money habits start to form by age 7. That means that both your good and bad habits can be passed to the next generation. Dr. David Whitebread, co-author of the study, said habits of mind, including financial ones, “are largely determined in the first few years of life…. Early experiences provided by parents, caregivers and teachers … can make a huge difference in promoting beneficial financial behavior.”

Read more at Website helps parents teach financial literacy to kids – Chicago Tribune

Check out MoneySmart’s website on how to tech kids about money  Act Now