Saving money is a habit that takes time and effort to build. In fact, some adults still struggle with their money-saving habits. It only makes sense to start educating children about money matters and helping them develop good habits. If you want to start your child early with their financial knowledge, consider these money-saving habits.
Starting a new school year may bring about the opportunity for many new “firsts” in a child’s life. Young children are always eager to play games and have fun learning in the process. As your child prepares for school, it may be time to begin teaching them how to manage money. It will start off with them being able to properly budget their lunch money but this life skill will be needed well into adulthood.