raaman
Valued Contributor
When your child is trained to use money on their own, gradually and carefully, first introduce your child to the basics of what money is and about possibilities:
1. Receiving money, the source for it to parents, relatives, and gifts. If you sell the children's toys or furniture, tell the child about it and give part of the value as a reward.
2. Saving money. Your wallet, piggy bank, box with long-term savings.
3. Use. Give your child the first time money for quick needs, such as where the time factor between receiving and spending will be enough. Let the child get used to the financial management little by little.
1. Receiving money, the source for it to parents, relatives, and gifts. If you sell the children's toys or furniture, tell the child about it and give part of the value as a reward.
2. Saving money. Your wallet, piggy bank, box with long-term savings.
3. Use. Give your child the first time money for quick needs, such as where the time factor between receiving and spending will be enough. Let the child get used to the financial management little by little.