As a parent or guardian, have you ever wondered when it would be a good time to start teaching children about money? The answer to that is as soon as possible! If you think they are ready, you can start as early as two or three years old. The concept for the first lesson you teach them can be as simple as, “You do not get something every time we go to the store.”
There are many concepts and activities you can do with your children, each one corresponding to a different lesson to be learned, as well as a timeline to see those lessons through. The more time you take to teach them about using money wisely now, the more responsible you can teach them to be in the future.
For more information on making your own teachable moments, visit Forbes.com.