Posted on November 3, 2011
It’s never too early to start talking about money with our children. The earlier our children are involved with philanthropy the better. Speaking with them about making and budgeting money will allow them to develop a sense of responsibility and better appreciate the work that goes into earning that money. Our children will have a better handle on things financially when they get older because they have had a solid foundation early on. Here are the five ways that this article suggests for teaching our kids about money.
1) Talk about money as you go
2) Get kids interested in interest
3) Introduce your child to the benefits of work
4) Set a good example
5) Know your stuff