The Importance of Financial Literacy for Kids

Financial literacy is identified as the most challenging life skill for parents to teach their children. Tools like Greenlight, a debit card and money app for families, facilitate this learning process by allowing parents to manage and track their children's spending, chores, and allowance. This structure provides kids with a hands-on way to learn about earning, saving, and spending money wisely. By integrating financial education with everyday activities, parents can instill the value of financial responsibility from an early age.