MoneyScore Quick Check!
What money skills should kids have? When should they begin learning? MoneyScore™ tracks ten core competencies that, mastered over time, help children build financial confidence and economic self-defense as life skills.
Using your knowledge of your own children, use the scale below to take your best guess about what they know. Choose their age category, then using a scale of 1 to 5pts: 1pt are for new learners, 5pts for mastery.
Now add up the scores.
Are they in the 10-20 range? This is a common first result, as few kids get much in the way of financial education in their early years. Not too late to begin!
Did they score 30+? Something good is happening in your home. Keep it up.
Are they in the 40+ range? They can probably handle a little stretching. Financial fluency is a lifelong journey and children who begin early benefit from families who encourage them to keep learning.