How Parents Can Explain to Kids How NFTs Work

NFTs and cryptocurrencies are part of the new digital world that’s here to stay, so parents and their children should learn the ins and outs.

The letters NFT are spelled out in purple on a bright blue background.
(Image credit: Getty Images)

This is part two of two articles I’ve written about parents teaching their children about digital assets. Part one was How Parents Can Teach Their Kids About Cryptocurrency. This second article is about how NFTs work and explaining them to kids.

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Neale Godfrey, Financial Literacy Expert
President & CEO, Children's Financial Network Inc.

Neale Godfrey is a New York Times #1 best-selling author of 27 books, which empower families (and their kids and grandkids) to take charge of their financial lives. Godfrey started her journey with The Chase Manhattan Bank, joining as one of the first female executives, and later became president of The First Women's Bank and founder of The First Children's Bank. Neale pioneered the topic of "kids and money," which took off after her 13 appearances on "The Oprah Winfrey Show." www.nealegodfrey.com