How to Teach Kids About Money (Guest Post)

by John Cale, GiftCertificateTemplates.net

Image by Georgie R via Flickr.com (Creative Commons)

Kids are growing up really fast and money is a really big issue that affects everyone -- kids too. It is always wise to let them know about money and be able to differentiate the values. As a parent, it is your responsibility to teach them about all this and the sooner you start the better. There are many ways to teach kids about money, but the best way is to make it fun, since kids get bored really fast. You can introduce them with fun games that include money like:

Sorting and Stacking

Make sure the kids know the different coins. Then, let them sort them out and put them in different places. They can match up the ones that look the same and put them together in a different place.

Showing the Different Types of Coins

You can teach them by using boards and putty tabs. Start by sticking the front of the coins on the board for them to see and then stick the back of the same coin to match up. Do this for the different types of coins and let the children try and stick the same under the ones that you have put up. Let them repeat this until they are finally aware of all the coins and their values.

Matching Up Coins

Teach them in groups of their friends and give them coin cards with each coin drawn on them. Then, let them match up the real coins and cards and make it a friendly competition. Tell them that the one who finishes first gets a reward.

Value of Coins

Once the kids have learned all the different coins, you can then add up the bigger currencies. Start by letting them know what a certain coin can buy. They will then learn to appreciate money and treasure it.

Saving

You can then teach your children the importance of saving money and get them piggy banks. Give them goals and let them save a certain amount at a certain time and offer rewards when they do this.

When they make an effort to save, as a parent it is your duty to recognize this and appreciate them. You can show your appreciation by rewarding them with a certificate of appreciation. You can design one easily by using a certificate of appreciation template. By doing this, your kids will grow up with the knowledge of saving, which can help them become financially responsible.

ABOUT THE AUTHOR:

John Cale is a designer and IT professional. He designs many websites on different kinds of office templates. You can see his work on certificate templates and other business templates and get handy stuff while you're at it.