Teach Young Children About Money

 

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When you are a thrifty momma or just a momma in general, you want your children to learn about money, it’s value and how to manage it. Teaching new things are never quick and easy. You should always break it up into segments to give them time to learn and retain the information. Build on their knowledge as you go.

We started teaching our daughter when she turned 2. She is learning more and more each day. Don’t rush them and make it fun.

  1. Teach them what they are called.
  2. Teach them the different sizes and colors.
  3. Teach them how much each is worth.
  4. Teach them paper money names.
  5. Teach them how to sort paper money by president face and/or numbers.
  6. Teach them the value of the bills.
  7. Teach them how to add money.
  8. Teach them how to shop with money.
  9. Teach them how to save money.
  10. Make sure you use real money when teaching so they don’t get so confused. With paper money, I understand using fake money, but you want to make sure it looks pretty real. We use real money for $20 bills or less.

You can make this fun in many ways. My daughter loves to help daddy put away his money every night when he comes home. She knows it isn’t hers too, that we are saving this money. She helps name, sort and put into coin rolls. She is only 2.5 years old. She hardly ever messes up and when she does, we just tell her we need to fix our money and start over. She is completely fine with playing longer with money! Ha Ha.

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Store Clearance is best time to buy!

Who doesn’t love deals? I happened to get an email right before I was leaving to get groceries. Guess what! It was 50% off clearance price at Meijer! So guess where I went? It was on toys and clothes. I also found some great deals on a couple separate baby items.

This haul doesn’t include about 10-15 toys for my daughters birthday and Christmas presents this year! Her gifts are done!!! Spent $120 and saved $270!

Water park $16

Advent Calendar $11 (different sale from Christmas)

Clothes $1.60-$2 each not shown are 3 outfits for daughter

Baby toys $2-$3 each

Kid toys $2-$10 each (includes dolls, Disney stuffed animals, wood toys)

Baby Blankets and sheets $5 each.

Wait for the end of season clearance sales! I usually try to also buy a few different sizes of clothes for my daughter and will for the new baby.

Meijer has a huge clearance sale 2-4xs a year.

Walmart just keeps marking prices down until they have to remove from floor.

Kroger has Manager Specials and a small section for it, but look in the aisles for their clearance tags.. Great hidden finds.

 

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