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 loved calculators before he could really use one properly. Being that he’s just 7 he still can’t use all the functions, but he carries a calculator around with him anyhow. This might seem more like a math tool, and yeah, he likes to ask me math questions, because he can whip them out on a calculator – I’m talking, “Hey mom, what’s 1,456 – 40 + 341″ Um, ok. But he’s thinking about calculations, and that’s a good thing – it’s very money related. All this math Cedar’s been figuring out has helped him to understand what happens when you take 23 cents away from a dollar, stuff like that. I think being involved with numbers is a good thing if you’re trying to teach money skills.

What do you do to teach your kids about money? Games, books, other activities?

You might also like to read: How to totally mess up your kids when it comes to money

Post from: Thrifty Mommy