WAYS TO TEACH CHILDREN ABOUT MONEY

With the cost of living increasing, now is a better time than ever to teach your children about the importance of saving money effectively. Financial experts have compiled a list of their top 10 tips for teaching your children about money. Start with the basics of money and finance: how you introduce money to your children will partly depend on their age. A good place to start is getting children comfortable handling cash and coins. Explain to them how money is used to buy things and that it must be earned before it can be spent.