As a Financial Planner with Prudential Advisors, Derilyn specializes in comprehensive financial planning services for a fee. Throughout the consultative financial planning process, she works with clients and their advisors, as applicable, to formulate a detailed and robust financial plan that is tailored to their needs.
Offer to match their savings as a parent or godparent, up to a certain percentage — much like most employers when it comes to defined contribution retirement plans. This will incentivize them to save for long-term goals and help them build the habit of saving early on.
Here are 10 money lessons that financial experts say may help improve kids' knowledge from an early age through high school graduation and beyond.