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Teaching Children About Credit and Savings

  • by Ingrid Clayton
  • November 29, 2020
  • Financial Education

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It’s wonderful seeing that Equifax has indeed recognized the importance of teaching children about credit and savings, and is doing its part to spread the word to the masses.

Below is a link to an article by Equifax that focuses on the significant impact of credit and savings on people’s lives and why it is important to share age appropriate information about credit with children at different stages in their lives.

https://www.consumer.equifax.ca/personal/education/credit-report/teaching-kids-about-credit/?emlid=632338&Et_rid=20672864

I really love how the article shares what children should know about credit and savings at the defined level of schooling:

  1. Early Elementary School
  2. Mid to Late Elementary School
  3. Middle School
  4. High School
  5. Final Year of High School and Beyond

I also love how it states what we should be talking about, showing, and discussing with our children when it comes to some matters relating to personal finance.

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