Tap to Read ➤

How to teach a child the value of money?

A worthy lesson that parents can impart in their kids is about money and how to use it in the right manner.
Gowrish Babu
A worthy lesson that parents can impart in their kids is about money and how to use it in the right manner.
Here are some tips to teach your children about the importance of money.
Avoid impulse buying as kids may fail to understand the value of money.
When they come up at malls, asking whether they can buy it, encourage them to purchase it from their pocket money.
Piggy bank is an excellent way to teach children about the importance of savings.
Children need to be told the purpose of saving. Help them understand why they should save instead of giving lectures about money.
Give incentives to motivate your kids to save money.
Never criticise if the kid fails to understand. Remember there is a process to learn the art of saving money.
More Webstories