9 ways to teach kids about money
Post on 21-May-2015
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9 Ways to Teach Kids About Money
As soon as your kids start counting, introduce them to money
Sit with your kid and discuss value of money
Help children learn the differences between needs and wants
Teach how to set a Goal
Introduce children to the value of saving versus spending
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”
Take them to bank and open their own saving account
Keeping good records of money saved, invested or spent
Teach your kid about budgeting
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