How Parents Can Teach Their Kids About Cryptocurrency

Starting with explaining the concept of money to begin with can help them grasp the concept of digital currencies.

A young girl checks out a stack of gold coins using a magnifying glass.
(Image credit: Getty Images)

There is so much to cover on the topic of how cryptocurrency and NFTs, or non-fungible tokens, will affect the next generation of investors that I’m going to devote two articles to it. The second article, How Parents Can Explain to Kids How NFTs Work, published in January. This first article focuses on kids and cryptocurrency, specifically how parents can teach and introduce their offspring to the new world of digital assets … their future.

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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."