Jasz
VIP Contributor
Money is a topic that can be difficult for kids to understand. It can be confusing, and it can make them feel bad about themselves. That's why we suggest starting early with your children and talking about money. Let them know that they are important and that they deserve to be treated well. Be sure to let them know that you care about their financial well-being, too.
Here are some tips on how to talk with your kids about money:
Start by teaching your children the importance of saving and spending money wisely.
Teach them how much each item costs and how much money they should have in their piggy banks. This will help them learn proper saving techniques when it comes time for them to earn a little extra cash for something special or purchase something new for their rooms or for school supplies.
Show them how much money is needed to buy their favorite toys, clothes, or other items they enjoy using or wearing. If necessary, set aside a certain amount of money each week so they can save up for something fun without feeling deprived if they don't have enough on hand at the moment.
Here are some tips on how to talk with your kids about money:
Start by teaching your children the importance of saving and spending money wisely.
Teach them how much each item costs and how much money they should have in their piggy banks. This will help them learn proper saving techniques when it comes time for them to earn a little extra cash for something special or purchase something new for their rooms or for school supplies.
Show them how much money is needed to buy their favorite toys, clothes, or other items they enjoy using or wearing. If necessary, set aside a certain amount of money each week so they can save up for something fun without feeling deprived if they don't have enough on hand at the moment.