Click the link below the picture
.
From learning how to count change, to the pitfalls of credit cards and debit cards, to living on a budget, our kids have a lot to learn about money before they go off on their own. It would be great if personal finance was taught in school, but it rarely is, so it’s our job as parents to equip them with the knowledge and practice they need to develop a good relationship with money.
Those lessons can start even earlier than you might think, and you can build on them gradually over the course of their childhood. Here’s a practical guide for the knowledge to impart and the skills to help your kids develop—starting when they’re just 2 or 3 years old.
Teaching kids about money at ages 2-3
It may not seem like a toddler or young preschooler is ready to learn the ins and outs of budgeting, saving, and investing (they’re not), but they do like coins. A 2-year-old won’t be able to grasp the fact that a penny is worth less than a dime—nor will they care. But you can begin to introduce coins to them by letting them sort them or trace them, naming them as they do, so they start to become familiar with what each coin is called.
.
llustration: Alisa Stern; Shutterstock/ Mateusz Atroszko, wk1003mike
.
.
Click the link below for the article:
.
__________________________________________
James' World 2 
Leave a comment