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Teaching Your Child About Money

Posted on 01-27-2016

Teaching your preschool children about money starts with them watching you handle money.

Wise money management is a skill that children learn from parents. With activities as simple as managing their own allowance to counting coins from a parent’s pocket, children can learn valuable financial principles to help them begin a journey of wise money management.

Children enjoy watching and learning from parents when they get to share in decisions and simple conversations. Preschool children can learn how to count, save, and decide whether to buy a toy, a piece of candy, or save.

Here are some excellent ideas that you will find useful for teaching your child about money.

Teaching Your Child About Money

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