With the kids heading back to school, I want to take a moment to talk about something just as important as their academic education: financial education. It’s something we believe is crucial—not just for adults, but for kids too.

Why? Because it empowers individuals and families to make informed decisions about managing money, budgeting, investing, and saving for the future.

We all know that understanding money isn’t just about avoiding debt or planning for a secure retirement—though those are big perks. It’s about achieving financial stability and, ultimately, leading a more secure and prosperous life.

Financial education is the foundation for making better choices, and that’s why it’s vital to start teaching kids about money early on.

Here’s Why Financial Education Matters:

1. It Empowers Smart Decision-Making: When kids learn about money—how it works, the impact of debt, and the importance of saving—they’re better equipped to make smart financial decisions later in life.
2. It Fosters a Healthy Relationship with Money: Money can be seen as a tool for good or evil. We want to ensure it’s the former. Teaching kids about money helps them understand its value, the importance of giving, and the benefits of saving.
3. It Prepares Them for Real-Life Challenges: Life throws financial challenges at all of us. By educating kids about money, we prepare them to face those challenges with confidence.

We understand that discussing money with kids can feel daunting—especially when it comes to your own financial situation. But you don’t have to dive into the specifics of how much you earn or what’s in your bank account.

Instead, focus on teaching them about the instruments of money, how debt works, and why saving is crucial.

Starting the Conversation:

• Around the Dinner Table: With the kids back in school, you might find a little more free time. Use that time to brush up on financial topics and start those important conversations at the dinner table.
• Lean on Us for Support: Many of you have trusted us to have these conversations with your kids, and we greatly appreciate that. We believe in the power of giving them a firm financial foundation, and we’re here to help foster that conversation in any way we can.

Take good care, and remember—teaching financial literacy now is an investment in a brighter, more secure future for your kids.