Children and Money
For most of us. our earliest memory of ,money is probably owning a piggy bank, allowances and Chinese New Year, Hari Raya or birthday windfalls. The question is, when do we start lessons on money?It is never too early to teach children about money. Most adults underestimate a child's ability to observe and comprehend,and to pick up our habits and put them into pt. Children today take to technology, trends and even money matters more easily than we give them credit.
But children who are used to getting their own way often take things for granted and fail to understand the value of anything. As with all good habits, it is never too early to teach your child the concept of choice, responsibility, how to value their belongings and to tell right from wrong.
So don't wait until they're teenagers! Start early to ensure that good money management habits become a way of life as children approach adulthood. All it takes is a little time, imagination, and lots of patience and effort to view the world from a child's perspective and show them that money matters are not dry or boring.
