7 Lessons Successful People Teach Their Kids About money

Do you ever look back on your childhood and wish we would’ve been taught more about money? Well, I know some people graduated from college that have no idea how to manage their money. Like my brother, for example (Hi, Ivan!). My daughter is only two years old, but she already loves saving money. She loves to play with the pile of coins and after a while, she love to exchange it for a prize (a lollipop, a book she likes, a chocolate…). She feels very proud when she saves enough money to get something she wants.

I know she is just a toddler, but we started talking about money with her from an early age. Talking with kids about money value can be a little awkward, especially if they still don’t fully understand the concept. How to teach kids about money then? There are lots of tips and tricks you can use to help kids understand that. Learning to handle money is a really important skill and I believe it’s never too early to start teaching them about value of money.

We all know how important financial skills are, so it’s a bit surprising that our children don’t learn anything about it in schools. As a parent, however, you have an obligation to teach your child important financial lessons. To help you a bit, we will share some money lessons from successful people in this simple infographic. It’s interesting to hear what some of the world’s richest people have to say about the one thing they don’t really have to worry about and how do they teach their kids about money.

How To Teach Kids About Money

How To Teach Kids About Money

Infographic provided by Parental Journey.

Author: SmartStudent

SmartStudent is an educational portal that provides information & advice to aspiring students. regarding applying to university, choosing a course, what to take to university, finding student accommodation and much more.

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