Managing money is one of
most critical skills we must master to function effectively as adults. Yet, although public schools address
subject of money using math examples, teachers just don’t have
time for individual tutoring. So, just who is really responsible for this critical education?
PARENTS can teach their children “money” lessons as soon as they can count. Otherwise, your toddler may reach his own conclusions about where money comes from. He may decide it does not grow on trees; instead, it comes from an ATM (Automated Teller Machine).
As your kid’s primary financial coach, you’ll show your toddler, young child, teenager, or college-age “adult” child
value of managing his own money. You may find that you are such a talented teacher that your child opens her own profitable business and supports you!
What Are Ways to Teach Your Child? Toddler Your toddler can learn to count money as soon as he can talk. Show your child a few coins and introduce simple math facts. He’ll learn
vocabulary and
facts if you make it a game. But a word of caution: discourage eating
coins!