It’s never too early to talk about money with your children, according to Dewitt & Dunn Financial Services CEO Cathy Dewitt Dunn.
“A recent study found more than one in four Americans never talked about money with their parents,” Dewitt Dunn said.
Play pretend at home like you're at a restaurant and your child is the server. Give your child pretend money in exchange for their excellent service. They will see it mirrored when you and your family visit a restaurant and give the waiter money for the bill.Elementary School: Teach Through PlayBoth games simulate the opportunity to invest in property and families and introduce them to concepts they may have to navigate in adulthood.
This helps them earmark money to save up for a new pair of shoes or the latest gadget, puts money in their pocket right now for a movie with friends, and also teaches them the value of giving back to a cause they care about.
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