Wednesday, September 14, 2011
Teaching Your Child About Money
It's a process that's worked very well for us. She loves opening up her Giving Piggy, taking the money store, and buying toys for underprivileged children. It means so much more to her because she's using her own money. My heart melted last year, as she was making her purchases and told the clerk she was helping Santa out and buying toys for children who weren't as lucky as she was. (We told her that Santa comes and picks up the collection boxes and delivers them.) I think the clerk got a good dose of the Christmas spirit that day.
If you are looking for more information about how to teach your child about money, I would recommend looking at these websites:
http://www.kidnexions.com/ (click on "free resources")
Some good children's books are:
Alexander, Who Used to Be Rich Last Sunday
The Berenstain Bears' Trouble with Money
Next on my list is to buy some games. When I was little, I played Payday all the time, and I think I really did learn something. I've also heard good things about Loose Change and Learning Resources Money Bags A Coin Value Game.
How do you teach your child about money? Can you recommend any tips, books, or games to me?