Comments on: 6 Tips to Teach your Toddler About Money {Starting Early to Save Later} https://ourknightlife.com/2011/03/teach-toddler-about-money.html Las Vegas Mom Blogger | Family, Fitness, Product Reviews Wed, 09 Mar 2011 09:57:21 +0000 hourly 1 https://wordpress.org/?v=5.6.1 By: Ellen Christian https://ourknightlife.com/2011/03/teach-toddler-about-money.html#comment-10992 Tue, 08 Mar 2011 14:08:09 +0000 http://www.familylifeinlv.com/?p=3174#comment-10992 What fantastic suggestions. I wish that more parents would make the effort to teach financial responsibility at a young age. The country might have a lot less problems now if they had.

]]> By: Bibi https://ourknightlife.com/2011/03/teach-toddler-about-money.html#comment-10989 Tue, 08 Mar 2011 05:25:23 +0000 http://www.familylifeinlv.com/?p=3174#comment-10989 Great post, Emily. My boys are 8 and 14 now, but I always believed in being open about money and money issues (making sure they don’t worry about our bills). They both know how debit and credit works. I take them shopping and show them what costs what in comparison to our income.

Both of my boys are savers and don’t like to spend their money (much easier with spending mine) and that gives me hope that when they are ready to enter the real world they won’t fall under the spell of credit cards and living beyond their means.

We have a reward system as well. Very similar to yours. We have a special bag with 20 or so age appropriate rewards. Every time they pull one out it’s a surprise.

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