Educational Content Lead at Greenlight Financial Technology.
The conversation about money starts at home
“Since $1 in cash today will have less buying power in the future, saving it without interest growth will mean it’s worth less,” says Jennifer Seitz, director of education at Greenlight, a money app for parents and children. “Beat future inflation by earning an interest rate higher than the inflation rate.”
The good news is that your kids want to learn more about money, according to a survey by Greenlight. “Parents should know that kids will likely be receptive to learning more [about finances] and building their confidence,” said Jennifer Seitz, director of education for Greenlight. “Our survey found that 75% of Gen Z and Gen Alpha want more personal finance education.”
Money has traditionally been a taboo topic, and that’s why it can feel uncomfortable discussing it, even among family at home.