https://www.psychologytoday.com/us/blog/the-teenage-mind/201704/money-management-skills-children

A Financial Specialist Shares Tips on How to Teach Your Child About Money at Every Age

4 min


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A psychologist shared that when she was within the third grade, a bank manager came to her classroom and gave each child the chance to open a checking account and form regular deposits. It had been an excellent lesson for her. But there are some more crucial things about money that oldsters can show their kid at any age.

At Buzzneuf, we are all for teaching proper money management, especially during childhood, and would like to share some professional recommendations on the way to roll in the hay.

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Age 2 To 3

age

Doctor Dorothy Singer says that children between 2 and three years old don’t understand the worth of cash, but they will begin doing so by learning the coins’ names. one among the games is often “identification.” Your child can check different currencies, examine their colors and shapes, then match them with the image while discussing the names.

It’s also recommended to select a nickel if you play with a coin due to its size. You ought to provide close supervision when a toddler plays with a dime.

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