Resources/Primers/Talking About Money

Talking About Money

Brought to you by the RoosterMoney editorial team, in conjunction with some of our younger users, here’s a few kick-starters on how to have those positive conservations about money around the house. Whether you’re just trying to explain the difference between a need and a want, or you’re ready to get into the magic of compound interest, these little guides should come in handy.

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Talking About Needs And Wants

Introducing the difference between Needs and Wants will help your kids decide where to spend right now, and even how to budget in later life. Win-win.

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Talking About Interest

Explaining the basic concept of interest can really jump start your child’s enthusiasm for saving and help avoid running up debts in later life.