This is the age where their curiosity will enhance & make them understand & imbibe value for money will be very easy; your kids would be ready to understand enough about money.

1. Allowance for household chores with attached purchase responsibilities.
2. Make them understand about savings.
3. It is a time to open a bank account for them
4. Remind them; money is earned by working.
5. Make them understand concepts like income & expense.