Welcome to BMO SmartSteps® for Parents

Today’s kids are exposed to more gear, more gadgets, and more high-pressure advertising than ever before. How can today’s parents best prepare their kids to be prudent consumers and to manage money responsibly? BMO SmartSteps® for Parents can help.

 

This is your user-friendly gateway to a wealth of expert advice, helpful articles, informative webisodes, expert blogs, and fun games and activities to help give you and your kids a head start on the road toward making money make sense for the entire family.

Beginner Basics - Ages 5-6

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Young kids need help to learn what money looks like, what it’s used for, how to count it, and how to save it for the things they want.

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Starting to Spend - Ages 7-8

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They’re young, but these kids are ready, willing, and able to spend. They need help to manage an allowance, differentiate wants from needs, and set (and achieve!) goals.

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Junior Consumers - Ages 9-12

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Keeping up with peers is the priority here. But you can help your tweens make smart spending and saving decisions, encourage delayed gratification, and throw in a lesson or two on the value of giving and gratitude.

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Teen Track - Ages 13-15

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As teens start to earn real money from part-time jobs, they need guidance to manage their income, distinguish necessities from luxuries, and balance conflicting savings goals (such as a new gaming console vs. tuition).

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