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What life lessons can young children learn when you incorporate money into their lives at a young age?

Did you know teaching your kids about money will lessen the arguments and tantrums about wanting  things

How are your children going to learn about finances?

As parents, we know that we need to teach our young children life lessons. Stay away from a hot stove, don’t talk to strangers! There are some lessons best taught using money. After all, we need to use money for all aspects of our lives when we are adults. Isn’t it better for us to ingrain good money habits and a positive view of saving and spending from an early age? A child as young as 2 or 3 can help around the house taking dishes to the kitchen or picking up toys. If they are given a small token of appreciation that can be turned into a warm cookie at the grocery store after a week or two of effort, they feel that they have contributed to the household, and also learned that they need to take personal action in order to get a treat. These typical situations give many opportunities to organically educate your child about money and life.

 

Our books Raising Financially Independent Children and Financially Independent Teens both discuss how to teach children about budgeting and making choices.

 

Check out our books and other posts  on financial independence at

Raising Financially   Children

Financially Independent Teen

 Financial Essentials for Couples 

Financial Essentials for Women by Women

Budgeting for Women by Women

 Financial Essentials 

 



 

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