Parents think they know their kids' better, but your
children always know more than you believe they do. Moreover, if they
understand it, means they know what things values the most in life and what
not. As far as it belongs to spending money, see them how they are doing it
which is the most challenging part, especially when you are the parent of a
kid/pre-teen. You can judge their behaviour when they get some money reward in
the school or going to the market or restaurant, give them money and look what
they do with it. However, it is also parents’ responsibility to make them
disciplined; then it becomes easier and the more rewarding too. When it comes
to teaching your kids on saving money, you can start whenever you feel the
right time. Remember that no matter how they spend money right now, but yes
it'll make a difference in the long run. It is better to start paying attention
to your children behaviour when it is about how they spend money. Sharing
here the experience of a mom of two kids on how she has
handled this aspect of life.
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