Start early.
Do not wait to begin teaching your child about money.
Some people believe that financial education is best taught in high school.
Others think it should be learned in grade school.
However, the new trend is to start as young as preschool.
Teaching your child the value of money is a very essential life skill.
So the earlier you begin the better prepared your child will be for financial success.
One concept at a time.
Even though you should never underestimate your preschooler's ability to learn, you still need to pace the lessons.
Kids absorb things easily and learning about money won't be hard for them but you must take caution not to water hose their brains.
Remember, information overload is not even good for adults.
Start by teaching your child to identify money by sorting coins, saving money using a cute piggy bank, and spending money with trips to a dollar store.
Keep it fun.
Kids love to play and at this age play is also a way to learn.
Kids at play are already building the foundation for major life skills, including language and literacy, mathematics, science and technology, and the arts.
Playtime experiences are an important way to understand how kids learn, and how you can help them learn more effectively.
It is best to introduce learning while they are naturally engaged in having fun.
Using coloring, story books, games, and songs are all great activities for teaching your preschooler about money in a fun way.
Teach anytime, anywhere.
Your child's learning need not happen only while at play or in preschool.
Learning money smarts is an ongoing process that lends itself well to all locations and occasions.
You should be on the lookout for every possible opportunity to facilitate their learning.
You can teach them about money while at the grocery store, the mall, and the bank, and also events like birthday parties.
Ready, Set, Go.
Now that you are looking for every possible moment to teach your preschooler about money, it's important to make sure your lessons are understood.
Talking with your child as well as answering and asking questions are the best way to measure their understanding and keep them interested.
There is a tendency to spoil kids when it comes to money, especially if parents believe that giving money will compensate for giving time.
But that does not instill in your child the value of money.
One way to teach them that it takes time and effort to earn money is by letting preschoolers count the coins in your pocket everyday and see how long it takes to fill a jar.
In the long run the good money management skills your preschooler learns will benefit them for life.
(Caution: Children must be supervised at all times when handling coins)
Do not wait to begin teaching your child about money.
Some people believe that financial education is best taught in high school.
Others think it should be learned in grade school.
However, the new trend is to start as young as preschool.
Teaching your child the value of money is a very essential life skill.
So the earlier you begin the better prepared your child will be for financial success.
One concept at a time.
Even though you should never underestimate your preschooler's ability to learn, you still need to pace the lessons.
Kids absorb things easily and learning about money won't be hard for them but you must take caution not to water hose their brains.
Remember, information overload is not even good for adults.
Start by teaching your child to identify money by sorting coins, saving money using a cute piggy bank, and spending money with trips to a dollar store.
Keep it fun.
Kids love to play and at this age play is also a way to learn.
Kids at play are already building the foundation for major life skills, including language and literacy, mathematics, science and technology, and the arts.
Playtime experiences are an important way to understand how kids learn, and how you can help them learn more effectively.
It is best to introduce learning while they are naturally engaged in having fun.
Using coloring, story books, games, and songs are all great activities for teaching your preschooler about money in a fun way.
Teach anytime, anywhere.
Your child's learning need not happen only while at play or in preschool.
Learning money smarts is an ongoing process that lends itself well to all locations and occasions.
You should be on the lookout for every possible opportunity to facilitate their learning.
You can teach them about money while at the grocery store, the mall, and the bank, and also events like birthday parties.
Ready, Set, Go.
Now that you are looking for every possible moment to teach your preschooler about money, it's important to make sure your lessons are understood.
Talking with your child as well as answering and asking questions are the best way to measure their understanding and keep them interested.
There is a tendency to spoil kids when it comes to money, especially if parents believe that giving money will compensate for giving time.
But that does not instill in your child the value of money.
One way to teach them that it takes time and effort to earn money is by letting preschoolers count the coins in your pocket everyday and see how long it takes to fill a jar.
In the long run the good money management skills your preschooler learns will benefit them for life.
(Caution: Children must be supervised at all times when handling coins)