10 fun ways to teach kids the value of money

The first benefit when children understand the value of money is that they will have the habit of saving money as well as smart consumption, especially children will know that they don't have to have what they want right away. As your child grows up, the foundation of money will help them know how to manage expenses, avoid debt and have a reasonable financial plan, and learn to appreciate the money they have.

Playing sales games with children will teach them about how to exchange, buy and sell modern goods in the most interesting and sophisticated way.
You should use used carton boxes to make boxes for goods, then let your child organize and decide for himself what he will sell with that number of boxes according to the topic you just specified. determined. After arranging, don't forget to prepare a shopping cart for your baby to "shopping". Let's start the exciting shopping trip in your child's imagination with excitement and fun.

Taking your kids to the bank is much more helpful than buying them a candy bar. Children have the opportunity to understand what cash really is when they witness banking transactions with their own eyes. It will be better for you to be recognized more and more. Even a preschooler is capable of handing a card to the teller himself.
Consider opening an account for your child and help him learn to track his savings as he gets older. In fact, there are many banks that open free accounts for children.

Letting children keep track of bills is also a way to teach children about money that many parents apply. While the child is watching, you can swipe your credit card, press the button and pump gas....Children will feel extremely interested and curious. Let your kids explore by letting them help you pay your credit card bill.
Preschoolers can help you put your utility bills, supermarket,...in one place. Older children can help record the amount on your bill or online payment.
Not only will this help kids feel useful, but they'll gain a whole new perspective on cash flow. There can be a number of benefits such as: Once your child knows how much electricity costs, he or she can be more conscious about turning off the lights when leaving the room.

In the supermarket children did not see any sign of the farmer. Instead, taking your kids to the farmers market is a great way to help them understand the connection between work and money. Get your child involved as much as possible, when he or she gets a friend a bunch of carrots and hands the cash to the farmer, he'll see the market economy in action.
Besides, you can also explain to your children that with the money that farmers earn, they can buy more supplies to grow more raspberries or other agricultural products.

The next time you go to the grocery store or supermarket, put your child in charge of the coupons. Depending on age, your child can be a coupon holder, a product finder, a savings tracker, or all three. Then talk about how much money your child has saved and how you plan to use it.
Even without coupons, you should try to teach your kids about savings and discounts. Kids can help identify coupons that might fit this week's shopping needs (even non-readers can do this, as most coupons include pictures), help Cut them up and put them in a large envelope.
Or if coupons aren't available, use your grocery savings card at a participating market. While you shop, point out the highlighted transactions to the cardholder and show your child your family's savings on the receipt after shopping.

Try to teach children to realize that some people have more money than others and that those with more money can help those with less. Parents can do very simple things to get children into the habit of giving, teach children about money to understand money has real value, but it is not all.
You can also inspire love in your child by, if your child is an animal lover, help them choose supplies for an animal's shelter or volunteer to help feed them.

Making money is not only educational but also empowers children to be equal. Money-making ideas for kids include selling used toys and clothes at flea markets, helping organize a home sale, making handmade items and doing casual chores around the house for extra money. pocket.
Other money making ideas for kids include selling used toys and clothes at flea markets, helping organize a family yard sale, and doing errands around the house to earn extra pocket money.

Many credit unions and banks offer workshops for children. Don't think your kids don't understand anything, give them a chance. You will never cease to be surprised at how excited children are to learn about money.

Does your child want to go to the amusement park? Instead of using it all with your parents' money, you can set a common goal for the whole family, including your child's savings to use it where he likes. This makes saving fun for the whole family and helps children understand how hard it is for parents to earn.

Parents, allow your child to try some online games that teach children skills about making money or get some money when creating an account on the game. You have to think of a reasonable way to still have money or more to continue playing next time. Although it's just games and virtual currency, it helps with ideas of income, savings and losses.
Teaching children to save and use money sensibly is one of the ways to form a positive attitude towards money. Parents also need to find out what and how their children will do when they give them money, but instead of forcing them to open up about their expenses, you can talk to them openly, have fun with them. about the money plan. This will help children appreciate the money that their parents give them and feel proud when they are independent and use money in a useful way.
In another aspect, teaching children financial management will be like a life experience for children to realize the arduous journey of making money and consider using that money. Many people are rich, but they are not extravagant in spending and are willing to spend a lot of money on charitable social activities, which also makes their children "absorb" how to use money effectively and sense the purpose. real money. As for the poor, every time they need to do something, they make a clear plan, see how much they need to save this month, how to make it enough, their children show their love and share with their parents even if it's not enough. smallest thing. It is absolutely necessary for parents to orient and help their children know how to save money on purposeful jobs, which is absolutely necessary, forming children good habits in spending and using money.
Besides, in order for children to be healthy and develop well, it is necessary to have a nutritious diet in terms of quantity and quality balance. If children are not provided with adequate and balanced nutrients, it will lead to diseases of excess or lack of nutrients, which adversely affect the comprehensive development of children in terms of physical, mental and motor skills.
Parents should supplement their children with supportive products containing lysine, essential micro-minerals and vitamins such as zinc, chromium, selenium, and B vitamins to help fully meet their child's nutritional needs. At the same time, these essential vitamins also support digestion, enhance nutrient absorption, help improve anorexia, and help children eat well.
Parents can learn more:
Signs of zinc deficiency in children
Micronutrient deficiency and failure to gain weight in children
Please regularly visit Vinmec.com website and update useful information to take care of your child. Take care of the baby and the whole family.

Reference source: babycenter.com