Teaching children about the value of money from a young age will make them responsible adults when they grow up. Read on to know how this can be made possible.

Parents are a child’s first role models for learning money management skills. Teaching them simple steps to save money and to make the best use of it, will help them in a long way. Supporting habits of saving and practicing the age old theory of reward for work will make them understand the basics in a better way. Have a look at simple tips that can make children money smart.



1. Introduce money at an early age


Once a child starts going to school, start making him aware about the concept of money. Teach them to save coins or change in their very own piggy bank and let them take ownership of it. Set up small achievable goals for them, ......