Teaching about finance to children from an early age is one of the right actions. At primary school age is the most appropriate time to teach children about how to manage finances with the aim of fostering a sense of responsibility for children in terms of managing and using money and children will avoid the habit of wasteful behavior and children will grow more organized in terms of using money . In this case the main key that you must instill in your child is the concept of appreciating money.
Tips for Teaching Children to Manage Finance
1) Introducing the concept of money to children
The first step you must do is to introduce the concept of money to children. When children have entered primary school and can count then introduce them to the value of money starting from small fractions. Give understanding and information to children …