Teaching the Next Generation: Talking to Kids About Money “Empowering African American youth with financial knowledge is not just education — it’s liberation.” – J. R. Spann Davis Money conversations are often delayed in families, but J.R. Spann Davis reminds us that waiting too long can limit our children’s opportunities. In her article, Teaching the Next Generation: Talking to Kids About Money, she offers practical, age-appropriate strategies for parents and caregivers to instill financial confidence early. 🌱 Ages 5–8 (Early Savers) At this stage, money is still a mystery. Visuals and rewards make all the difference. Use a Clear Jar or Piggy Bank – When kids see their money pile up, they understand growth. Match Their Savings – For every dollar they save, match it. This makes saving fun and teaches the concept of “returns.” 💡 Ages 9–12 (Building Habits) Kids in this age group are ready to learn structure and responsibility. Set Small Goals – Encourage saving for something tangible,...