Age 5-7
You are setting up a stage to make them understand that how money basics work, as you are the only influencing person till now in your kid’s life, so no one else can make them understand this thing better at this stage of life.
- Make them understand that you need to work for earning money
- Money can help you to buy your daily necessity
- Use cash more as compared to plastic money, so it will be easy to relate more to them.
- Also, take them along while you go to banks.
- Please help them to understand to sort different notes, counting them & a couple of other basic maths.