Teaching children about money
As adults, we know the importance and value of money. Money and income influence where we live, what we eat, and every aspect of the lifestyles we lead. To children, money seems to grow on trees as they have a vague understanding of how parents buy food, clothing, and toys. Parents hold the weight of teaching their children the value of money. Whether you're teaching young children about money basics and saving vs. spending, or talking to young adults about credit cards and mortgages, there is no better time than the present to teach your child about money. This blog explores 3 important concepts to teach children the value of money.