Developing a Financially Fit Child: Small Actions for Major Gains in the Future

Posted: April 7, 2025

Ever notice how we teach kids to brush their teeth and eat vegetables, but money talk often waits until they’re older? That’s a big mistake! Financial fitness starts young, just like healthy habits. Here’s how to raise money-smart kids without making it complicated: Open a Journey Savings account designed for kids birth to 18

• • Earn an impressive 3.00% APY on the first $1,000
  • 0.05% APY on balances over $1,000
  • Report card achievement bonuses reward academic success

Make money visible

• • Use clear jars for saving, spending, and giving
  • Let kids physically see their money grow
  • Connect saving with reaching specific goals

Turn daily activities into money lessons

• • Going on shopping trips becomes math practice
  • Providing an allowance teaches budgeting basics
  • Birthday money provides decision-making opportunities

Utilize the account’s educational tools

• • Interactive financial games like Coindexter, make learning fun
  • Age-appropriate resources build knowledge gradually
  • Absolute account statements introduce banking concepts

Be consistent with your approach

• • Small, regular deposits build better habits than occasional large ones
  • Celebrate milestones along their saving journey
  • Model good financial behavior yourself

Remember – you’re not raising a kid who’s good with money today. You’re raising an adult who’ll be financially confident tomorrow. The habits they build now will support them for life!