Live Well

When we’re aware of what our children and teens need to succeed, we can help them make better decisions about money.

All Money Topics

What Kids Need to Succeed

Children and teens need positive supports, values and skills that help them make good choices. These are called the 40 Developmental Assets. Source: Minneapolis-based Search Institute.

Developmental Assets

Developmental Assets are 40 experiences that help teens become caring, responsible adults.
The 40 Assets include family support, planning and decision making, and sense of purpose.

Why Developmental Assets Are Important

They help children and teenagers succeed.
They help children and teenagers make positive money choices.
They help children and teenagers avoid risky behaviors, such as drinking alcohol and gambling.
They help children and teenagers make positive choices, such as saving money and helping others.

How Developmental Assets Lead to Positive Money Choices

The more Developmental Assets your child or teenager has, the more positive money choices he or she will make.
The more positive money choices your child or teenager makes, the more Developmental Assets he or she will have.

Get Your Free Copy of the 40 Developmental Assets

Download your free copy of the 40 Developmental Assets from www.search-institute.org/developmental-assets/lists. Learn more about Developmental Assets here.

Money Topics for Parents:

12 Key Financial Topics to Cover With Your Children and Teens.

Talk Well:

When we talk at home about money in
honest and caring ways, we're better prepared to help children and teens make better money choices.

Borrow Well:

Sometimes you need money when you don't have it. Maybe your child or teen wants to borrow money to buy a gadget at an electronics store. Find out the pros and cons of borrowing.

Budget Well:

Your child or teen may want to attend an arena concert. Understanding budgets helps us and our kids make better decisions about money.

Dream Well:

We get closer to our dreams for the future—and so do our kids—when we set financial goals. Attending a university is a dream for many of our children.

Earn Well:

Getting paid for our work gives us a sense of accomplishment. Working in a place like a restaurant can do the same for our children and teens.

Give Well:

When we give thoughtfully, we help causes and charities that the entire family cares about.

Invest Well:

When we invest well, we can increase our wealth over time. Investment traders and
other people with knowledge can help with
this process.

Live Well:

Whether our kids are at home or in the park, we’re aware of what they need to succeed with their money and all aspects of their lives.

Protect Well:

By protecting our kids and ourselves–even while driving a car–we can create a financial safety net during tough times.

Save Well:

When we save well, we are more likely to reach our financial goals like taking a vacation or buying a house. Having a bank account can help with saving.

Spend Well:

When we make thoughtful choices while at the mall about how we spend money, we become better consumers.

Move Forward Well:

Before and after high school, the more our kids know about money, the better decisions we can all make to move forward.