Financial Gifts for Children and Teens

Financial education should start early, but it doesn't have to be a boring education. Diego Cervo/Shutterstock

The gift-giving season can be tough on everyone. But coming up with a gift for a child or teenager is daunting. Well, you don’t necessarily have to worry about the latest fashion or craze when giving a gift.

There are financial gifts you can give your child or grandchild that are more sustainable than that gift card to Old Navy and are still fun. It’s all in the presentation.

Give Children Wallets

A wallet may seem mundane, but it represents fiscal responsibility. Teach them that the wallet is important and what it represents. It’s the keeper of money and important documents and must always be held and guarded.