V Is for Value
Value can mean many different things! Talk to your child about all of them.
Value is a complex concept, but you can help kids explore its meaning in simple, everyday ways.
- What’s important to you: Help kids learn that items have different values by talking about their own preferences. For example, a child may prize his stuffed animal above all his other toys. The way he feels about something can help him decide what it’s worth to him.
- Money and prices: Value is also about what people are willing to pay for something. Kids can begin to understand that the things people spend their money on have costs (a price tag) as well as value (their worth to someone). They already see this when shopping with you.
- Priceless moments: Remind kids that the most valuable things don’t cost anything at all, such as your family, friends, and their well-being. Encourage kids to make a “value journal” with pictures of people, traditions, or places that are important.
Money Talk
Learn how you can answer kids’ questions about money.
Making Choices
Look for ways to teach your child about making choices.
Guest Post: Helping your child’s money skills grow
Parents and caregivers can be a powerful influence on their children’s financial future—and you don’t have to be a money expert to start them out strong.
Need It or Want It?
Needs and wants are different. Kids can learn the difference from you.
Saving, Spending, Sharing
Help kids learn the value of money when they spend, share, and save.
Building Financial Skills in the Classroom
These classroom activities emphasize the key financial concepts of choices, value, and financial literacy skills: spending, saving, and sharing.
