How can I teach my kids about saving money?

11 Replies
 profile icon
Write a reply

my friend gives pocket money to her 9 year old. it is a weekly amount that she gives each Sunday. by the end of the month, the girl has some amount with her. my friend has told her daughter that when she has so and so amount of money, she can tell the mother and she will get her something that she wants or needs. of course she gets to spend some of the money herself, but if she wants to buy something special or big, she has learnt that she has to control any impulse or useless buying and save up for that big thing. i think you too can start your child off like that

Read more