Say hello to the family’s new financial BFF – the Family Money Ladder! It’s the perfect tool to put kids in control of their money situation; giving them a hands-on, fun visual foundation for money management that will last a lifetime.

So many money conversations have in front of the Family Money Ladder.  It’s one of my favorite things to witness my daughters explaining to their friends how the Family Money Ladder works or what the Investment Elevator is. I know we are in an age of everything by being an app, but there is still value in the tangible, visual teaching tool that sparks conversation and interaction without a screen involved.  Money shouldn’t be taboo and kids seeing other kids in control of their money situation is powerful- for everyone!

The Family Money Ladder covers six essential principles of financial literacy setting up a financial foundation for a lifetime. In an easy hands-on, fun, visual way! 🤩 💰 🪜 ❤️

1️⃣ PLAN & EARN
Have multiple plans to earn. (Chores, entrepreneurship, allowance, etc)

2️⃣MANAGE POCKET MONEY (Spending and Earning)
Moving Up and Down the Ladder

3️⃣SAVE
for emergencies or big purchases (SAVE SPOT)

4️⃣INVEST
Grow your money over time with compound interest (Investment Elevator)

5️⃣GIVE
to charities or people in need

6️⃣DEBT
Learn to understand and practice avoiding

🪄✨✨Hang it up and let the magic begin. The hardest part is letting your kids buy their “wants” and you buy their “needs” It’s so hard to watch them make mistakes and painful to witness their silly purchases, but better to feel all the feelings now versus when they are in their 20’s and the stakes are higher. Family Money Ladder is a hands-on, visual anchor in your home that consistently brings money conversations face to face. No screens needed! 😅

Just like manners, instilling good financial habits in children requires daily reinforcement, practice, learning from mistakes, and positive role models. Attending one etiquette class or reading a book won’t make manners into habits, and the same goes for money behavior.

Imagine if we only taught manners in high school? Sadly some schools only offer 1 financial literacy class in high school.

💥Money Ladder Mission💥
💚Ages 3+💚
1. Teach the value of a dollar
2. Get kids managing their own money
3. Get kids and parents talking about money
4. Inspire kids to ask, “How can I help?” Instead of “Can I have?”

Xo, Shannon