Your Child Is Now Ready To Understand & Manage Money

You might have started giving your child allowance or whenever his grandparents come over, they might be giving him some pocket money. Your child now knows his numbers and can do some basic calculations as well. So this is the time when you can start to introduce the concept of money.

What you need to know

This is a good age for your child to start coin collection as a hobby. Giving your child the idea of saving will go a long way for your child’s future. Your child at this age loves to pretend play and may be using pretend money for his games. When your child gets to handle real money he will be all excited and you can let him go to the nearby store and work out small money calculations also. It will also be a good idea to take your child to the bank and help him open an account. Let him manage his own pocket money and make small purchases and savings.

Your Child Is Now Ready To Understand & Manage Money

Disclaimer : Content presented here is for information purposes only, please consult with your doctor for any health queries




Checkout other interesting articles

The right way of weaning your child from breastfeeding

Child Vomiting: Causes, Symptoms, and How to Treat it

Teaching your child how to write: The basics

Newborn Baby Vaccination Chart - India 2022

Height and Weight Chart for Indian Babies (0 to 12 Months)

Top 100 Unique Hindu Baby Boy Names with Meanings

Your Child's Pincer Grasp In Picking Small Objects Will Get Better Now

5-months Baby Food Chart: Indian Food Chart for Your 5-month-old Baby

Your Baby Chuckles Often Now

The Terrible Twos Stage: Why To Love It & How to Deal With Your Child's Temper Tantrums

Taking out time for your partner amid mommy & daddy duties