5 Sure Ways To Set Your Kids Up For Financial Success

  1. Always Take Advantage of When An Employer Matches Funds

This collaborative approach to saving is when you put aside your hard-earned money, and then, as a reward, your employer matches what you save.

Almost half of baby boomers had this in their top three pieces of financial advice according to the survey.

It is much more enticing to save your money as a child, if you see it accumulate quickly. Slowly rising dividends are painstaking for children who work well with immediate rewards.

Dave Ramsey, financial guru and author, recommends kids use a clear jar for saving money so they can see their progress.

Think of how exciting it will be if the put in 10 pennies, and you throw 10 more in right after, watching their savings grow right before their eyes.