Counting Money Games

Counting Money Games To Teach Children About Money

Counting money gamesIf you have read the other articles on my blog, you know how much I advocate children learning early money management skills.  The earlier children learn about money, the better.  Small children can begin with counting money games.

Children who learn counting money games and practice early money management skills benefit in the following ways:

  1.        They never develop poor spending and savings habits that lead to debt later in life.
  2.        They are taught an early sense of responsibility and make wiser choices.
  3.        They avoid the negative connotations of money and rarely have a financial lack mentality.
  4.        The current mentality in our society about living above your financial means and having a lot of debt will not be carried forward with this generation of children.

Reason number 4 is very important and affects us all.  We can bemoan our current society’s spending habits but until we make the changes that bring about a new way of doing things, we are wasting our breath.  Complaining about something is worthless unless we are backing it up with action.  Teaching our children from the ages of 2 or 3 with counting money games brings about a change in their mentality.  Pushing for early money management programs in our schools are equally important.  Again, we should not wait for someone else to do what we can do, so teach your children financial responsibility and don’t wait for a school system to get on board before you do.

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Teach Kids about Money Now – Don’t Wait

Teach Kids about Money – Strategies for Raising Smart Spenders at Every Age

Teach kids about moneyIt’s never too early to teach kids about money. Whether they are 5 or 15, you should have an honest conversation with them about finances. With young people digging themselves into debt with credit cards at an alarming rate, make sure that your children have the tools to make good choices when they are out on their own. Ask any adult in their 30’s, and you’ll find many of them still paying off the credit card debt they acquired in their 20’s. When you teach kids about money, it’s best to lead by example. Start by making sure that your own finances are in order. After all, how can you expect your child to have good spending habits when yours may be out of control?

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