My hubby and I have had nearly a dozen conversations about how to teach children about money. It’s a tricky topic. I have always been very good at managing money, saving money and spending money wisely. On the other hand, my husband (sorry to throw you under the bus babe but it’s true) seems to not understand the concept, beyond a ‘make it quick and spend it faster’. I can give him some credit though, he’s improving.

But why is this?

Was it the way we were raised? So differently? Why do some children want to save every penny, while another wants to spend it? Why do some kids learn to be smart and thankful for it, while others practically act like money grows on trees?

It is an interesting concept for sure.

Teaching a child to be responsible with money isn’t easy. I do think it takes a great parental example and also some learning by doing. There are many ways to do this. With allowances. With starting a bank account at a young age. With children earning money in a varieties of ways, and then teaching them to give 10% to church or charities, save some and then spend the rest as a reward. What else?

Well, I was ecstatic to hear that Dave Ramsey has children-specific products to help children learn about money. If you haven’t heard of this financial guru before, I don’t know what planet you live on, but I want to vacation there! LOL! This personal financial expert has been helping consumers reduce debt and save money for many years. He has a radio broadcast, books, does financial freedom speaking tours and more!

Anyway, Dave Ramsey is someone I would trust to help teach children to be smart with their money. He has a number of products including:

– Life Lessons with Junior The Boxed Set. This set of 6 kids books are recommended for kids ages 3-10. Teaching about work, spending, giving, saving, integrity, and debt. They are helpful, colorful and fun.

– Junior Adventure Bank. These simple little banks are designed with little people that have the words “Give”, “Save” and “Spend”. They teach the importance of diving money into these three categories.

– Financial Peace “Cool Tools” for training tomorrows millionaires. This set includes a number of products that teach children to manage money. Some of these products include a coin case, calculator, dry erase board to track commission earnings and more!

– Junior Adventure 6 CD Audio Set. The CD set has songs like:

– The Super Red Racer
– Careless at the Carnival
– The Big Birthday Surprise
– My Fantastic Fieldtrip
– A Special Thank You
– Battle of the Chores The songs show different ways to use

These songs gently teach children the ways of how you earn money, and then spend it wisely. They are fun tool that you might not be able to do on your own (unless you produce CDs yourself that is!). This, along with the games and the bank work in a variety of ways to teach children in a light-hearted, easy way. These helpful products not only teach children a number of ways to be smart with their money,they also make fun out of it!

By teaching saving, thankfulness, giving and more. These tools are a great teacher! Children can begin to understand the concept of money, so they will be successful in the future.

You can find all of these products on the Dave Ramsey website. All are priced $29.95 and less.

:: Giveaway ::

Guess what? You can win a huge prize package of Dave Ramsey kid products during our Under the Tree Giveaway! The event is on now until November 14th – enter here!

Disclosure: No compensation was given for this review/giveaway. I did receive a sample product from the sponsor for the purpose of this honest review. This did not affect the outcome of this review. All opinions are 100% my own. For full disclosure click here.