Financial planning expert Stoy Hall advises parents to start teaching kids about money management before they receive their first debit card. Hall recommends starting young and holding regular meetings to discuss banking habits. Some families use paid banking apps designed for kids, which combine account access, investing tools, and financial education.

Hall uses an app called Greenlight with his own children, citing its comprehensive features and interactive learning tools. The app offers courses and classes that teach financial concepts in an engaging way. Further details on teaching kids money habits are available from financial planning experts and wealth management firms, such as Black Mammoth, founded by Hall.