Make sure they covered basic math lessons in class.
completing basic math lessons at school, take them to some reality
games such as coin collection activities, classifying them, ordering
them according to value, etc. This will give them a beginner's idea
of how to get used to the money and its value in terms of hierarchy.
They feel it with their hands and see it with their eyes. They can
store this idea and easily understand the concepts of money
some money conversations with them
sure they know basic calculations, then take them to have some money
conversations. Don't think they are kids but provide some basic
understanding of how to spend money, the benefits of saving money,
and its need to live in this world. Narrate incidents from your
experience to boost the power of money in society. In line to this,
also make sure you are not cultivating a greed for money in them.
some money in the form of toys.
them such toy paper notes will help them learn about the
denominations and understand money in terms of starting from the
lowest to the highest values. They get used to it and learn
calculations using it.
will be fun and exciting for them if you take them shopping. It can
be to grocery shops, textile shops, supermarkets, or anything else.
Kids are great observers and learn things quickly. Involve them in
shopping for fruits and vegetables, snacks, chocolates, and so on.
Familiarize them with the price on packets when interacting with
shopkeepers about the value of certain items. They will be able to
easily connect this and apply it in the future in the appropriate
Bring them to the banks.
them with you if you're going to the bank. Let them know the banks,
the basic procedures there, the purpose of visiting banks, etc. Tell
them about the basic services banks provide and the importance of
them in our lives. When such things were introduced to them, they
began to develop a sense of self-confidence and a desire to act
Buy them cute piggy banks
savings in your toddler by gifting piggy banks and other cute
money-saving boxes. They would be motivated to fill it and increase
their savings. Once in a while, open it to count their savings and
appreciate them for their little efforts. This will bring wonders!
You are instilling the habit of saving in them for life. They
gradually learn the value of money and develop good habits to
Let them shop for themselves.
they became good at saving money and began to realize its value, they
would spend wisely. Give them a set amount of money and let them go
shopping, keeping an eye on how much they spend and if they can save
a little. If they are doing great and spending the money carefully,
observing everything, they have learned how to spend money and handle
are a lot of ways that are convenient for you to teach your child
about the value of money. It is critical today to teach your children
fundamental lessons like this in order to shape a better future for them. They should grow up by understanding the current society and
adapting to it for a better life.