Teach your children the value of money and how to manage it wisely with Financial Kid Academy. Our goal is to provide and create resources for parents and educators, and to develop books that make learning about finances fun and engaging.​
Research from the University of Cambridge suggests that children as young as 3 years old can grasp basic financial concepts like value and exchange
(The Money Advice Service, "Habit Formation and Learning in Young Children").​
By age 7, many children have developed foundational financial behaviors, including basic habits around saving and spending
(University of Cambridge, 2013 study on financial habits in young children).
Parents' Role
A 2020 survey by T. Rowe Price revealed that 75% of parents believe they should be primarily responsible for teaching their children about money, but many feel unprepared to do so.
(T. Rowe Price, 2020 Parents, Kids & Money Survey).
Teen Financial Behavior
~54% of teens said they want to learn more about managing money, but fewer than 20% feel prepared to make real financial decisions
(Junior Achievement USA & PwC, Teens and Personal Finance Survey, 2020).
31% of teens don’t know how credit cards work, and 76% don’t understand compound interest
Financial literacy is linked to greater financial security, with literate individuals being 50% more likely to save for retirement and 45% more likely to have an emergency fund
(FINRA Investor Education Foundation, National Financial Capability Study, 2018).
Children with strong financial literacy skills are better prepared to avoid debt and manage their finances effectively as adults
