Teach Your Child the Value of Money
March 12, 2009 by Jennifer Chait
Filed under children's activity
There are plenty of things you can do to instill a good value of money in your kids. Some ideas…
Give them some cash: Kids should have some cash. Using paper money to learn is far less effective than actual money that earns goods at a store. In my house, I give my son a little cash each week, and he can spend it or save it. I have fun money so he should too. I never pressure him about saving but over time he has realized that saving up will result in a bigger toy. You can also have your …read more
Three ways to get little kids interested in money
August 29, 2008 by Jennifer Chait
Filed under Kid Stuff
Kids won’t learn about money if you never introduce it. Here are three quick ways to get them thinking about money and budgeting.
Play with real money. Fake money always confused my son. When I broke out the real deal, he became much more used to the idea of money, and learned to tell coins apart.
Don’t leave the kids at home: Shopping sans kids is a total luxury; trust me I get it. However taking them to the store is one of the best opportunities you have to discuss prices, reductions, cost per pound and more.
Give them a calculator: My son …read more
