Teaching Your Child Money Management

The number one problem in today’s generation and economy is the lack of While most kids grew up hearing the phrase, money does not grow on trees, the kids of today believe money flows in ATMs and that there is an endless supply available.

financial education for kids.

Encourage your child to make a wish list. Here are the things of teaching your child money management:-

Be good role models

Use a clear jar to save

Delay fulfilling their requests

Give pocket money allowance

Give commissions, not allowances