Pocket Money, Price Increases and the Real World: Teaching Children How Money Works
2 Articles
2 Articles
As the new school year approaches, the issue of pocket money returns to the agenda along with other family expenses. However, agreeing on how many euros we will allocate to the child per week or month is the easier part of the task. More thought is required on how to turn pocket money into a practical lesson in financial literacy, which would grow with the child from the first independent purchases to the ability to plan their expenses and save.
Pocket Money, Price Increases and the Real World: Teaching Children How Money Works
[Photo by Carolin Voelker from corelens on Canva.] For children, money can seem to disappear. An adult taps a card, a parcel arrives or a bill is paid automatically, with no notes or coins in sight. Children still notice the effects. A favourite snack costs more than it did before. A family day out needs... The post Pocket Money, Price Increases and the Real World: Teaching Children How Money Works appeared first on Exposed Magazine.
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