Tips & Ideas

5 Ways To Teach Your Kids To Be Smart About Money

by Karly Wood
by Karly Wood 439 views

shutterstock_176998694

3. Create Ways To Earn, Save, Spend And Share

Whether or not you believe kids should be paid for their chores, it’s important to give your child the opportunity to work hard and earn money. It’s wise to help kids divide the money they earn into 3 categories: save, spend, and share. By setting aside money to save, they will learn responsibility and patience. By spending, they will experience the rewards of hard work. And by sharing, they can feel the joys of helping others.

Related Images:

Karly Wood

Karly Wood

Editor at Red Tricycle
I'm a born and bred Southern California native and currently the managing editor at Red Tri. I get to share my life with my husband of 13 years and our beautiful, 5-year old daughter. In my free time you'll catch me cheering for the Dodgers, cooking, baking, reading, crafting and probably watching a little HGTV!
Karly Wood

Latest posts by Karly Wood (see all)

Pages: 1 2 3 4 5

You may also like

20 Hammock Area Ideas for Ultimate Relaxation

18 Children’s Play Area Ideas That Blend with...

20 Small Outdoor Space Ideas That Maximize Impact

20 Activities That’ll Make Your Kid’s Summer Unforgettable

20 Whimsically Perfectly Rustic DIY Farmhouse Decor Ideas

20 Enchanting Creative Bathroom Wall Decor Ideas

I'm a born and bred Southern California native and currently the managing editor at Red Tri. I get to share my life with my husband of 13 years and our beautiful, 5-year old daughter. In my free time you'll catch me cheering for the Dodgers, cooking, baking, reading, crafting and probably watching a little HGTV!