How to Teach Children About Money in 7 Easy Steps

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  Money can be a touchy subject for kids and parents alike, but it's also a topic that needs to be discussed. We want our children to understand the value of money and how it works, but it can be tricky to discuss these concepts without sounding preachy. As a parent myself, I've found that making learning about money fun is one way to get my child interested in the topic without worrying about them feeling like we're pushing an agenda or being lectured at. Here are some fun ways that you can teach your child about money : Let kids invent their own games or create their own money. Let kids invent their own games or create their own money. This works especially well with older children who already have a grasp on financial concepts like spending, saving, budgeting and investing. Let them create their own games using whatever they want as currency — anything from marbles to candy to paper clips could work! If they want to make up actual rules for using this new currency (f

Grandma’s Golden Rule



“Do not do unto others what you do not want others to do unto you” is one of the codes of ethics that we should teach our children as they grow. It is commonly known as the Grandma’s golden rule as it is a principle that has been passed on through generations religiously and morally speaking.

It is a moral value that children should learn to apply while they are still young, to let them understand more the difference between the right and wrong behavior. The best way to teach them the golden rule is simply by giving them a circumstance and imagine themselves on the receiving end of the action in the exact place of the other person. From there, simply ask “How would you like to be treated in similar situations?" Then treat the other person that way.

To instill in our young ones that one should treat others as one would like others to treat oneself, for violating the golden rule, we violate the spirit of fairness and concern. 

Comments

  1. travelona ShoestringMarch 27, 2012 at 6:46 PM

    This is so true we should always put yourself in the other person's shoes. You should imagine that you have their life, temporarily. You should try to imagine what they must be going through. That way you would not be harsh and will not twist the truth anymore.

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