1 / 1

Teaching Kids About Money

Teaching your children about money at any stage is going to take time on your part. It would not always be easy. The piggy bank is a great idea, but it doesnu2019t give kids a visual. Set a healthy example for them and theyu2019ll be much more likely to follow it when they get older. One of the best ways to teach your kids about handling money is to give them a chance to make some of their own! Introduce your child to it at an early age, and theyu2019ll get a head start on preparing for their future. For more information please visit here https://thebaddaddy.com/books-page/

denniesdeny
Download Presentation

Teaching Kids About Money

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. TEACHING KIDS ABOUT MONEY Research shows that parents also pass on their approach to finances. So exactly how are we teaching our children to be financially astute from a young age? POCKET MONEY Compared to some of their European counterparts, British parents with children under 10 are more generous when it comes to paying pocket money. That changes from 10 upwards when they end up paying well below the European average. TEACHING THE VALUE OF MONEY Your child’s financial education can begin as soon as they learn to count and a great time to start talking about spending and saving is birthdays or Christmas (if they‘re likely to receive a cash gift). HOW TO BUDGET An important lesson to instil from a young age is not to spend more than you have. Dividing money into different pots is a great way to demonstrate this as it really helps your child to visualise where their money is going. They can also see that when it’s gone, it’s gone. Source: onefinancialplanning.co.uk www.thebaddaddy.com

More Related