Money Smart Kids
Why teach Financial Literacy to kids?
Teaching younger kids the value of money through real-life situations and examples will help them understand how money is earned. Through concerted ways and methods, your KIDS can learn the financial aspect of life and how to be developed in its financial realm.
By educating kids about money, we help them discover the relationships of earning to spending and saving. By this, kids begin to understand the value of money. This financial literacy can begin at a young age with simple money concepts such as counting coins and making change for purchases. As they grow, they can learn about savings accounts, balancing a cheque book and creating a personal budget. The key is to teach a concept and let them try, even if it means a little extra time in the toy store while your little one painstakingly counts coins from the piggy bank.
Financial literacy in this context encapsulates the knowledge and necessary skills for personal upbringing and inculcation of necessary money management decisions which must be taught to kids. If kids are entitled to a germane development in good financial skills from the early stage of their lives, they can be ready for the financial tasks and challenges that adulthood experiences have in stock.
By educating kids about money, we help them discover the relationships of earning to spending and saving. By this, kids begin to understand the value of money. This financial literacy can begin at a young age with simple money concepts such as counting coins and making change for purchases. As they grow, they can learn about savings accounts, balancing a cheque book and creating a personal budget. The key is to teach a concept and let them try, even if it means a little extra time in the toy store while your little one painstakingly counts coins from the piggy bank.
Financial literacy in this context encapsulates the knowledge and necessary skills for personal upbringing and inculcation of necessary money management decisions which must be taught to kids. If kids are entitled to a germane development in good financial skills from the early stage of their lives, they can be ready for the financial tasks and challenges that adulthood experiences have in stock.