How to Make Kids Aware about Business and Money and Savings at a younger Age?

Hate2Wait

Very Familiar
Member
Jun 16, 2022
24,813
2,498
Dex
$0.100
Raw Dex
$0.101
I am on the lookout for suggestions to help kids learn about Business, Money, and savings so that they can do better when they are grown up and this will help them to get better at savings.
 
AgoraForo - Digital Marketplace & Freelancer Forum

cherry123

Popular
Member
Sep 5, 2022
27,401
2,610
Dex
$0.001
Raw Dex
$0.010
Just like teaching them msnners you can also sit them to educate them on how to make money and avoiding spending too much. I do this with my babies.
 
Last edited:

Hate2Wait

Very Familiar
Member
Jun 16, 2022
24,813
2,498
Dex
$0.100
Raw Dex
$0.101
It's a good way to teach them these things at a tender age so they can spend money wisely and look to save money and also think about business as these can certainly make them as asset for the society.
 

cherry123

Popular
Member
Sep 5, 2022
27,401
2,610
Dex
$0.001
Raw Dex
$0.010
Yes they an be taught at a very young age so that they can start spending money wisely. The thing is that education on things is power one needs to understand this.
 

Hate2Wait

Very Familiar
Member
Jun 16, 2022
24,813
2,498
Dex
$0.100
Raw Dex
$0.101
My parents made me aware of savings so I am pretty good with it but in those times businesses were not like how they are now so I was not aware of businesses and how to earn but at least I was good at Saving
 

Golden9

Notable
Member
Sep 6, 2022
1,897
143
Dex
$0.000
Raw Dex
$1.485
I am on the lookout for suggestions to help kids learn about Business, Money, and savings so that they can do better when they are grown up and this will help them to get better at savings.
Start with savings. You can get them a piggy bank and let them save, them spend it on things they want. This will make them appreciate saving money. If they want more, gently guide and let them know they can earn it.
 

Hate2Wait

Very Familiar
Member
Jun 16, 2022
24,813
2,498
Dex
$0.100
Raw Dex
$0.101
Start with savings. You can get them a piggy bank and let them save, them spend it on things they want. This will make them appreciate saving money. If they want more, gently guide and let them know they can earn it.
Yes all this does help to make kids aware of the value of the savings and how it can help in making their future secure
 

Shavkat

Very Familiar
Member
Sep 7, 2022
13,631
947
Dex
$0.515
Raw Dex
$0.003
You can give a kid a piggy bank. By having it, they will know the importance of saving their allowances on a daily basis. We can also teach them how to spend money to practical things.
 

Passiveearner

Notable
Member
Dec 28, 2022
3,249
204
Dex
$0.000
Raw Dex
$5.472
Well, I think that Warren Buffet was one of those people who were into business and finance at a younger age. I think that if you start investing money at a younger age, then you will be able to make more money.
 

eldavis

Very Familiar
Member
Sep 4, 2022
14,989
664
Dex
$0.000
Raw Dex
$5.405
If you want your kids to learn this, you have to start teaching them at an early age. Let them learn a skill and teach them what it means to make money with their hard work, you could teach them how to do something and be the first to purchase from them, so they can have that feeling that they worked for that money, trust they won't spend it anyhow, compared to when you just dash them.
 

cherry123

Popular
Member
Sep 5, 2022
27,401
2,610
Dex
$0.001
Raw Dex
$0.010
Sure if you want your kids to learn money making you have to start teaching them at an early age as well. Children learn faster at a younger age better
 

Sophie

Unfamiliar
Member
Apr 28, 2023
413
6
Dex
$0.000
Raw Dex
$0.000
Well I believe the earlier the better,
I feel like every responsible parents ought to be concerned about there children's future so it is advisable to let them know the importance of savings at least by 12
 

Stardom22

Very Familiar
Member
Sep 1, 2022
13,156
565
Dex
$0.600
Raw Dex
$3.027
I think you must train you children on the hardness of getting money in life by giving them what they deserve by you not what they like. Also lead them through the ways of making saving and explain to them the importance of savings to the life.
 
Back
Top