Talking about money with children doesn’t have to be awkward. In fact, the earlier they learn, the more confident they’ll feel later in life. From pocket money to saving for something special, those small everyday chats help shape big financial habits for the future.
At Planit Financial, we believe financial confidence starts early, and it starts with conversation. Here are a few simple ways to make talking about money part of everyday life:
1. Start Simple
Use real-life examples like paying for shopping, comparing prices, or saving up for a treat. These moments show how money works in the real world. It’s not about lessons or lectures, it’s about curiosity and conversation.
2. Make It Relatable
If your child’s got their eye on the latest toy or gadget, talk about how long it would take to save up for it. You could even match what they save to help keep them motivated. It turns saving into something exciting rather than a chore.
3. Involve Them in Family Decisions
Next time you’re planning a day out, show them how you’ve budgeted for it, including travel, food, fun, and all. It’s a simple way to teach them about planning, value, and making choices that fit within limits.
4. Talk About Mistakes Too
We’ve all made money mistakes, and that’s okay! Sharing your own stories, maybe about overspending or saving too late, helps children see that money management is something everyone learns over time.
5. Make Saving Fun
Turn saving into a game. Use jars, apps, or colourful charts so they can see their progress. Celebrate milestones, whether it’s £5 or £50, and show them that small steps add up to big achievements.
6. Keep Money Talk Positive
The words we use around money really matter. Try saying spending plan instead of budget, it sounds more flexible and less restrictive. Money isn’t something to fear; it’s a tool. The goal is to learn how to use it wisely and confidently.
Building Confident Financial Futures
Talking about money isn’t just about pounds and pence; it’s about confidence, choices, and values.
At Planit Financial, we believe every child deserves the chance to grow up feeling financially confident. That’s why we’re proud to fund free financial education workshops in Norfolk schools, delivered by The Money Charity.
Know a school that could benefit? Nominate them today; it’s simple, powerful, and completely free for the school.