dr David Coleman: Why it’s important to teach kids how to manage money

With yesterday’s budget announcement, you may have money on your mind. Today’s paper includes features on how some of the budget measures could affect you and your family. If this is a topic of conversation in your family, extend it to your children. While you don’t need to talk to them about the intricacies of your family finances, money management is a great area of ​​learning for children and teens.

Saving and spending empowers children to make choices. These early decisions involve small and relatively safe or harmless things (such as whether to buy a bar of chocolate or a packet of candy). They may be pleased or disappointed depending on the decision they make, and both outcomes offer you, as a parent, an opportunity to help them review and reflect on their decision.

https://www.independent.ie/life/family/parenting/dr-david-coleman-why-its-important-to-teach-children-how-to-manage-money-42022058.html dr David Coleman: Why it’s important to teach kids how to manage money

Fry Electronics Team

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