Teaching Kids the Value of a Dollar
I heard about this great book on Moms’ Buzz called Money Doesn’t Grow on Trees: Teaching Your Kids the Value of a Buck, by Ellie Kay. I’m planning to pick up a copy and thought you might want to as well.
My 4-year-old son is very interested in money and enjoys spending it! My 6-year-old daughter started getting a small allowance each week about two years ago. The purpose was to eliminate the constant buying of toys! Instead, we encouraged her to save up for toys she wanted and mom and dad basically just bought toys for holiday gifts and other special occasions such as birthdays. Managing an allowance is a good first step, but I’m sure there are many, many more financial lessons for our children.
With so many Americans in debt, it’s never too young to begin to teach our kids about money, spending and saving. If you decide to pick up a copy of the book, let us know what you think.
[via Moms' Buzz]
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