It not only teaches them about money but also helps build important ... You can use apps to track spending and savings or set up a simple chart to help them visualize their finances.

"Individual retirement accounts, known as IRAs, are super smart places to put your money ... your savings come retirement with no extra work. Check out the example in the chart above, which ...

David Bach, the author of "Smart Couples Finish Rich," came up with a chart showing how much money people at different ages should set aside each day to save a million dollars at age 65.

Creating savings charts, drawing goal illustrations ... they can help their kids develop a strong foundation in money management. Encouraging open discussions about finances and involving children ...