Throughout history every generation usually comes to the same conclusion; that the one after them is lazy, spoiled and entitled. Whether or not you can make broad generalizations about an entire generation is arguable, we’ll set this aside; here, is a one-size-fits-all guide to how to teach kids about the value of Money. Make it real In the digitised age where monetary exchanges are done on screens by sending electricity through the air, trying to get kids to understand money could seem pretty difficult. While obviously we aren’t suggesting you sit your kid down and teach them about Bitcoin, it might be better instead to let them hold money and learn through the physical exchange so through this they can visualize transactions and make sense of them in their own heads. Make sure they watch as you pay for things with coins or notes. Hand it over In order for kids to understand money it’s probably best they have some of their own. This will give them a sense of autonomy over themselves. You don’t have to make them work for it just yet (that comes later!) just give them some from the tooth fairy or for a birthday present ...

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