In the famous words of Alice Cooper, “school’s out for summer”! Yes, summer vacation is here, and the question is: how are you going to keep your kids from bouncing off the walls for the next three months? This could be the perfect time to teach your kids about money, and the importance of saving. Whether they’re 4 or 16 there’s never a bad time to teach them about the fundamentals of money and savings goals.

How do we, as parents, help our children out financially? Of course we can start trusts, 529’s, or brokerage accounts which helps their financial futures, but what will really impact their future is by learning healthy financial habits.