Managing money is one of the most critical skills we must master
to function effectively as adults. Yet, although public schools
address the subject of money using math examples, teachers just
don’t have the time for individual tutoring.
So, just who is really responsible for this critical education?
PARENTS can teach their children “money” lessons as soon as they
can count. Otherwise, your toddler may reach his own conclusions
about where money comes from. He may decide it does not grow on
trees; instead, it comes from an ATM (Automated Teller Machine).
your kid’s primary financial coach, you’ll show your toddler,
young child, teenager, or college-age “adult” child the value of
managing his own money. You may find that you are such a
talented teacher that your child opens her own profitable
business and supports you!
Are Ways to Teach Your Child?
toddler can learn to count money as soon as he can talk. Show
your child a few coins and introduce simple math facts. He’ll
learn the vocabulary and the facts if you make it a game. But a
word of caution: discourage eating the coins!