Teaching Your Kids the Value of a Dollar

Teaching your kids about money is one of the most important things you’ll ever do. It’s also one of the most challenging things you’ll ever do.

So today we’re gonna talk through two techniques to use when teaching your kids the value of a dollar.

1. Teach them early. Be sure to teach your kids at a young age how to handle money. Give them a piggy bank, work through an allowance with them, and teach them how to save well. There are tons of little lessons that can be taught, so be sure to get started early!
2. Teach them by example. Above and beyond anything else, the best way to teach your kids about money is by example. If you want certain values to be instilled, then you must be ready and willing to live them day in and day out. Why? Because your kids are watching you! So save your money, give to others regularly, and be wary of your spending.

Tell us some of your favorite lessons about money in a comment below!