5 Ways to Teach Your Child About Money

Photo by: USAG-Humphreys via Flickr

Promote Positive Behavior
A Circle of Moms member who goes by "Castle Moms" shares: "I have a 3-year-old son. I started a 'good boy' jar for him and every time he does something good (uses manners, picks up his toys, nice to his baby sister, etc.) I put money in his jar. This has also made a huge change in his attitude as well. Instead of being punished all the time for things when he's naughty, I reward him ... more 

Photo by: USAG-Humphreys via Flickr

Promote Positive Behavior
A Circle of Moms member who goes by "Castle Moms" shares: "I have a 3-year-old son. I started a 'good boy' jar for him and every time he does something good (uses manners, picks up his toys, nice to his baby sister, etc.) I put money in his jar. This has also made a huge change in his attitude as well. Instead of being punished all the time for things when he's naughty, I reward him when he's good. This makes him feel like a 'big boy.' He's kind of young to teach him the actual value of money, but I feel that this shows that when you want something you have to work for it."

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