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  1. Created in partnership with the financial charity Young Enterprise, these short videos help teach children about the importance of budgeting, saving, and spending wisely, which can lead to ...

    • Where we learn our money habits. Research shows that how we behave around money as adults is learnt early on when we’re young and observations we make of the world around us.
    • Get them familiar with money. Handling money is an important part of gaining confidence around it. Start by letting them see and handle coins, notes, and credit/debit cards.
    • Learning what money is used for. As they become more familiar with money, they’ll start to understand how it’s used day to day, including the different ways of paying for things.
    • Let them have a go. To gain confidence in their ability to manage money, they need to see that you have confidence in them. You can show this confidence in them through pocket money and helping them learn to save.
    • Be open about your finances. It’s tempting to hide the issue of money from children, but by being open about your finances you can help them learn about the value of money.
    • Teach them the value of money. If you’ve walked around a supermarket with a child, you’ll know they always want something! Pocket money can help with this - in fact, it is one of the most popular tips on our forums for teaching kids about finances.
    • Help them earn their money. We’re not talking about sending them out to work at the age of five, but children can start by doing chores around the home to earn money.
    • Show them how to save. When it comes to pocket money, do you let your child decide what to spend it on? Some great advice from our Mumsnet users involves getting children to save a portion of their pocket money every week.
  2. Apr 17, 2024 · From an early age, kids learn about money by observing how we spend it and how they manage their pocket money. That’s why teaching children about money is crucial to developing good spending habits.

  3. Jul 16, 2023 · Tips for Teaching Kids About Money. Money lessons are important for kids. Here are some fun, simple ways to teach children about money.

    • 57 sec
  4. May 7, 2024 · How to Teach Kids about Money. Best strategies for teaching kids about money, including an age-by-age guide, most important money lessons to focus on, and feeling confident teaching it.

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  6. Aug 3, 2021 · Want to teach your kids about money? Start by including them in the conversation

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