Hey, teach! 🍎

It’s financial literacy month, and we’re celebrating the best way we know how [Image] ThePennyHoarder.com April 24th, 2019 April is Financial Literacy Month (whoo!), but as of right now, only 17 states require personal finance education (not whoo). More than likely, that leaves it up to you to teach your kids about money, whether you’re an expert or not. Fortunately, we’re here to help so you can look like the expert, at least in your kids’ eyes. Today, we’re talking all things financial literacy. Ready? Hey, Teach! Sometimes, the best resources are the ones you get from the community around you (whether that’s in person or online). The Penny Hoarder Community is a place where like-minded people can come together to talk about their financial triumphs and trials and get answers to their money questions.  One question we saw (and loved!) in our online community this week? A member [asked for suggestions for teaching her two boys, ages 11 and 14, about money](. She explained that she speaks pretty openly about things like how much she makes, how much things cost, how bills are paid and how she saves. Other Penny Hoarders chimed in with helpful suggestions, but we want to hear from you! How do you teach your kids about money? Share your best tips and tricks on the thread, and then take some time to explore the community and ask a question (or five) of your own! (Psst. You can join the community by visiting the “Sign Up” tab [on the navigation bar.]( Teachable Moments Want to raise money-confident kids, but don’t know where to start? You don’t have to turn it into a college course. Just take everyday occurrences and use them as teachable moments. These 11 everyday opportunities are perfect for [teaching kids about budgeting, saving and spending](. [The Penny Hoarder Insider]( Survey Says… Almost one quarter of Americans have no savings and 40% don’t keep a budget. One driving factor: a lack of financial literacy in the U.S., according to a new survey by The Penny Hoarder released this month.  Yep, in honor of Financial Literacy Month, we launched our own survey to see just how savvy Americans are with money. (Spoiler alert: They’re not that great.) But you can always boost your own and your kids’ financial knowhow, which can have a marked effect on overall financial health later on.  How? By letting your kids try (and sometimes fail) to handle their own money.  Rob Sansome, director of strategic initiatives at the Florida Prosperity Partnership, which partners with local organizations and agencies to promote economic stability, emphasized that real-world experience is key in understanding financial topics.   [Teachable Moments quote](  A savings account and an allowance is a good start to get kids thinking about basic personal finance, but financial literacy and learning is a lifelong thing.  Check out more highlights from our survey and [learn about other ways]( you can (and should) be teaching your kids (and, well, the adults in your life) about money. Trust us — someday, your kids will thank you. [Image] WORD OF THE DAY Financial literacy (n): The knowledge and understanding of topics relating to personal finance such as saving, investing and budgeting. Financial literacy is vital to a person’s ability to make smart decisions when it comes to things like using credit cards, buying a home or paying for college.  We’ve been talking so much about financial literacy, but we realized we hadn’t actually explained what we mean when we use that term. So there it is: Financial literacy is all about equipping people (like the little people that rely on you for guidance) with the education and skills they need to manage their finances well throughout their lives. And no worries if you didn’t have a great financial education growing up; gaining financial literacy is a lifelong endeavor. It starts here, and it starts with you — [and with this handy guide to teaching your kids about money](.  [The Penny Hoarder] [Facebook]( [Instagram]( [Twitter]( [YouTube]( The Penny Hoarder | 490 1st Ave S, Suite 800 | Saint Petersburg, Florida 33701 | United States  You can [update your mailing preferences here]( or [unsubscribe]( from all email from The Penny Hoarder.  Questions? View our [Privacy Policy]( .  Having trouble reading this email? You can [view it online](