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10 Ways to Teach Kids About Money
How to Teach Pre-Schoolers and Kindergartners About Money
1. Use a clear jar to save.
The piggy bank is a great idea, but it doesnât give kids a visual. When you use a clear jar, they see the money growing. Yesterday, they had a dollar bill and five dimes. Today, they have a dollar bill, five dimes, and a quarter! Talk through this with them and make a big deal about it growing!
Parents should give pocket money to their children when they help them in the household chores. ... If they understand the importance of money at an early age, they will have a very bright future. They can take proper decisions regarding savings and investments and will learn to achieve more in life.
