9 Ways To Teach Kids About Money
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9 Ways to Teach Kids About Money
Transcript of 9 Ways To Teach Kids About Money
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9 Ways to Teach Kids About Money
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As soon as your kids start counting, introduce them to money
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Sit with your kid and discuss value of money
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Help children learn the differences between needs and wants
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Teach how to set a Goal
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Introduce children to the value of saving versus spending
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When giving children an allowance, give them the money in denominations
“If the amount is Rs. 50 , give them Rs 50-5 denominations money and encourage them to save at least Rs. 10”
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Take them to bank and open their own saving account
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Keeping good records of money saved, invested or spent
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Teach your kid about budgeting
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