7 Lessons for Financial Literacy Month

In America, April is financial literacy month, but at Monsters Money Club we believe not only that the lessons apply wherever you live, but that EVERY month should be financial literacy month. These lessons can be found here.

In summary, there are seven lessons:

Lesson 1: The difference between wants and needs

Lesson 2:Every purchase has an opportunity cost

Lesson 3: The repercussions of making a money mistake

Lesson 4: How to delay gratification

Lesson 5:How credit works

Lesson 6: Time helps money grow

Lesson 7: How money works in the real world

We wholeheartedly agree with these lessons – although, dare we say it, we cover these points and more in a more fun and engaging way!

Link: https://money.usnews.com/money/personal-finance/family-finance/articles/2018-03-29/7-lessons-to-teach-your-kids-for-financial-literacy-month

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