How To Teach Your Child About Money

Parents teaching child about saving money

As parents, we focus on teaching our children life skills they’ll need as adults. Self-care, work skills, independence but how much do we teach them about money? Do we think they’re too young to know about or handle money? What’s a good age to teach them financial responsibility? Good knowledge of money is a key skill that children will need, to do well later in life.  Like all behaviours, our children do learn about money and how to use it from watching us. This however won’t suffice. Teaching our children to be efficient with money will require a slightly more…

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