Phishing alert: We’ve received reports of SELCO impersonators calling members about fraudulent transactions. As a reminder, SELCO will never contact you requesting sensitive information, including card numbers or login credentials. If you receive one of these calls, please hang up immediately.

SELCO branches and contact centers will be closed Monday, October 12 in observance of Indigenous Peoples’ Day. Account access and support will still be available through digital banking and our virtual phone assistant.

Mother and daughter learning about financial education

Ages 3-7

Activities and Articles

Set the stage

It may seem like 3- to 7-year-olds are too young to grasp the concept of money, but introducing kids to simple financial education at an early age can have significant long-term benefits. During this crucial developmental period, there are three key concepts to focus on: 

  1. Recognizing money: Teach them about different coins and bills, what they’re called and how much they’re worth.
  2. Saving money: Help them understand the concept of saving, the value of delayed gratification, and the importance of planning for the future.
  3. Needs vs. wants: Understanding the difference between things they need and things they want will get them in the habit of making thoughtful spending choices later on.  
Younger kids learning about financial education

Looking for more? Have we got the list for you!

Check out these hand-selected websites, books, and more to guide your financial conversations with your child.