3 Ways We Can Teach Money Management To The Youth Of Today Encourage them to save. Explaining mortgage basics. Making working teens and young adults pay board. Teaching children and young adults about money and finances early in life can make a huge difference in how they view and manage their financial affairs as adults. Financial education for kids is one of the important thing that every parent should teach their kids to make them financially secure, in their future. Source:nerdsmagazine.com