Dave Ramsey offers tips for teaching kids about money.

For adults, saving money can be challenging. For kids – it’s even more difficult. Grown-up marketing executives are being paid big bucks to find new ways to manipulate our children to empty their piggy banks. Ads are everywhere – from billboards to restaurant place mats – helping Johnny and Sally decide where to spend their Christmas card money.

We interviewed money-management expert and national radio personality, Dave Ramsey to get some advice on how to teach our little ones to manage and save their money. He gave us quite a few great tips!

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Start Early. Dave suggests we start teaching kids about money at an early age. He says, “They are watching everything you do – and that includes how you handle money.” Apparently those impulse purchases at the supermarket are not going unnoticed. Our kids are learning how to spend or save by watching our actions. If you haven’t begun teaching Junior about the value of a dollar – don’t worry. Dave says, “It’s never too late to start teaching your kids about money. The important thing to remember is a 4 year old and 16 year old are not going to learn the same way – so you have to customize your approach.”