Financial independence starts early: Make 2025 the year of money lessons

By Janet CurrieAs we settle into 2025, there’s still time to reflect on& resolutions& — not just for ourselves, but for our families. Among the many goals we can make, one stands out for its long-term impact: teaching& financial& literacy. This often-overlooked gift can empower children with the skills they need to navigate adulthood with confidence and independence.Janet Currie is president of Greater Maryland at Bank of America. This week, she discusses the importance of teaching financial literacy early. Credit: Courtesy photo Bank of America’s research shows that only 47 percent of college students feel& financially prepared for the real world. This statistic highlights a critical gap, but the new year offers a golden opportunity to start bridging it. By integrating& financial& lessons into 2025, parents can lay a foundation of fiscal responsibility that will benefit their children for years to come.& Read below for a few strategies to consider as part of your family’s& financial& resolutions.Incorporate& financial& lessons into upcoming activitiesMake your own opportunities to teach children about budgeting and planning. For instance, give your child a set budget to organize a family activity, such as hosting a movie night or creating a cooking challenge. These exercises can encourage...