#6 – Use Charts and Planners
By employing the use of a chart or planner, you are helping your children learn about where money goes. We have “spend” money, where they can spend the amount they have on a little toy now for instant gratification, or “save,” where they can save up their dollars until they have enough for a larger item they may want, say for instance, a bicycle, or a new video game. Finally, if your children are old enough, you can also teach them about donating to charity. By keeping a chart with all of these different areas, your children will be able to visually see where exactly their money is going! The Such Small Steps blog has a great article on how she taught her little ones all about money!