How can you make your child learn the value of money at an early age?

Firstly, by not giving them things they simply ask for will be a good start. Things cost money and the world, whether we like it or not, revolve around the dollars and cents. Giving your kids responsibility and teaching them to work hard for what they want will definitely help teach them the value of money at a young age. When I was younger, I remember playing lots of Monopoly at my parents behest -- reckon it definitely taught me the value of money to a large extent.

You can do few things like - Explain how money works - Build your child's money skills - Give your child a small allowance - Let your child do some spending - Offer ways to earn extra cash https://sg.theasianparent.com/infographic-encourage-child-save-money

Don't give a lot of money to the kid. When he is a little older ask him to fetch stuff from shop, give him some money and ask him to give the change back. You can start giving him pocket money and ask him to manage his expenses in that money.

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