Children are taught many things as part of a normal school curriculum. Lessons about math and literature abound and there is usually time made for history and science topics, too. Some curriculums make time for artistic subjects like drawing, painting or even theatrical or dance topics. Yet, incredibly, there is little to no emphasis put on teaching children lessons about finance.
Nearly every single person is affected by financial subjects as a part of daily life and yet finance is a subject that is—bizarrely—ignored by the vast majority of educational curriculums. Finance will impact the lives of every student yet students emerge from schools largely uneducated about finical matters even while they are forced to learn math such as calculus which is useless to the majority of the population. Very few people will ever use calculus math yet calculus is a subject that is commonly taught as a “core” requirement in curriculums.
Needless to say, finance is something that should be worked into children’s education and parents who homeschool—and make their own curriculum—have the power to include financial matters in their children’s learning plans. There appears to be a socially-driven (yet erroneous) belief that young children cannot properly and effectively absorb lessons about finances. However, there is evidence to suggest that even young children (including preschoolers of about 3-4 years of age) can start learning and understanding very basic lessons about finances.
Fortunately, the Internet has made it easy for parents to find resources about finance that are appropriate for a wide age range. One of the best resources online is www.moneyasyougrow.com which displays a chart that breaks down, step by step, exactly what kids of differing age groups should know about money. By simply incorporating these facts into children’s educational plans, parents do much to benefit their children’s future financial prospects.