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Old 09-09-2019, 02:54 PM
 
Location: Rochester NY
1,353 posts, read 873,618 times
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They understand the value of money when they actually have to earn it. If everything is always handed to them then they will never understand the value. $400 on one shopping trip is ridiculous. I barely spend that much on my kids for Christmas. And they appreciate everything we give them.
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Old Today, 08:57 AM
 
1 posts
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Exclamation Teach financial awareness right from the start

As far as I remember, my daughter started understanding what money is at 3. However, the true appreciation comes only when kids start working and seeing how difficult it is to say goodbye to hard-earned bucks. I think it’s important to start giving money lessons from early childhood – it will teach kids responsible spending.

BTW, I've got a post dedicated to money lessons for children: [url]https://marvelmama.net/learning/teaching-money-10-lessons-for-kids/[/url]
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