My 2nd child is more interested in saving money. He's 12 years old and did some errands to save money and then he used his money to buy some aquarium fish and sell them. He earns more than us like his fish costs around 500 pesos-3k and he does the deliveries thru his bicycle. Very hands on to his business so proud of him!

Yes it’s important to instil this idea in them since young and the idea that money isn’t easy to earn so that they don’t become frivolous with their spendings

Yes i do. I gave them a piggy bank and told then if they wanted something, they can ude their savings to buy it.

my first born is more interested in saving her money. for her to save enough I opened an bank account for her.

Must teach them discipline about money matters so they grow up knowing how to balance their budget...

I’ve given them piggy banks and everytime they come home, they will put in the coins they have

Yes, the earlier we start teaching the better to help them make money and saving decisions

I taught my son about saving money but also the importance of investing money

Yup it’s one of the best thing you can teach your kid

Yes, and teach them responsibility through that as well