Tue, May 26, 2009
The Straits Times
AGES 3-7
Show children the value of money by explaining what $2 can and can’t buy during a shopping trip.
Let them watch you pay for things or even get them to pay for some things at the counter. Do not give children notes. Pay their pocket money in coins as they need to understand how to allocate their money.
Show them how to visualise their goals. Get them to draw or write what they want to save for. Keep the goals realistic and short-term, otherwise they will lose interest very quickly.
Lessons learnt:
Different things have different values.
Money simply doesn’t grow on trees and that you have to work for your money.
You have to allocate your money for different things.
AGES 8-12[…]
TEENAGERS[…]
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