Photo by: Stock images
Make sure it's age appropriate
The difference between what my 9 year old understands about money vs. 4 year old is huge. When you decide to talk about money or set up a chore system, make sure it's reasonable for the age of your kiddo. My oldest can calculate interest rates, while my youngest still doesn't grasp the real difference between needs and wants. In this, as in all things with parenting, one size does not fit all.
Photo by: Stock images
Make sure it's age appropriate
The difference between what my 9 year old understands about money vs. 4 year old is huge. When you decide to talk about money or set up a chore system, make sure it's reasonable for the age of your kiddo. My oldest can calculate interest rates, while my youngest still doesn't grasp the real difference between needs and wants. In this, as in all things with parenting, one size does not fit all.