Winter is fast approaching, and this time of year is packed with fun activities to engage in, yet so many of us go into hibernation mode. Indeed, winter can be a time of inactivity where we stay curled up indoors mostly watching TV next to a radiator or open fire.
It’s likely that your children don’t really have any concept of money because everything they need is provided for them by you, their parent. Even with items that they want like a new toy, or even a day out at Peppa Pig Land, the cost of everything is unlikely to enter their minds – and why should it? At a young age, children shouldn’t have to worry about how much things are costing you, or even worry about anything to do with money. However, it is important to begin introducing money handling into your child’s life so that when they are old enough to fly the nest, they know how to handle their finances and can avoid getting themselves into financial difficulty. Take a look at these easy ways of teaching your children how to handle their money.